____ Is a Commonly Used Encryption Protocol That Manages Transmission

question 48

Multiple Choice

____ is a commonly used encryption protocol that manages transmission security on the Internet.

• A)Transport Layer Security
• B)Secure Sockets Layer
• C)Transmission Control Protocol
• D)User Datagram Protocol

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Definitions:

Actual Reserves

The total amount of funds or commodities a bank holds at a given time, including both required and excess reserves.

Required Reserves

The minimum amount of funds that a bank is required to hold in reserve against deposits made by customers, as mandated by regulatory authorities.

Required Reserve Ratio

The fraction of deposits that banks are required to keep on hand as reserves, either in cash or as deposits with a central bank.

Checkable Deposits

Deposits in financial institutions that can be withdrawn by writing a check or using a debit card.