What Is the Process of Automatically Switching Over from a Malfunctioning

question 11

Multiple Choice

What is the process of automatically switching over from a malfunctioning system to another system is called?

• A)Fail safe
• B)Redundancy
• C)Hot site
• D)Failover

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Definitions:

Loan Payment

The amount of money required to be paid back periodically (usually monthly) on a loan, including both principal and interest.

Compounded Semi-annually

Refers to the process of calculating interest on an investment or loan twice a year.

Compounded Monthly

Interest calculation method where interest is added to the principal balance each month, influencing the next month's interest.

Variable-rate Loan

A loan where the interest rate can change over time based on an underlying benchmark or index.