You Can Obtain Software Through ________, in Which a Vendor

question 10

Multiple Choice

You can obtain software through ________, in which a vendor hosts the software online over the Internet and you do not have to install it on your computer.

• A) Open Source as a Service
• B) Proprietary as a Service
• C) Software as a Service
• D) Webware as a Service

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Definitions:

S&P 500 Futures

Financial contracts speculating on the future value of the S&P 500 Index.

Risk-Free Rate

The estimated yield from an investment that carries no risk, often illustrated by government bond yields.

High Water Mark

The previous value of a portfolio that must be reattained before a hedge fund can charge incentive fees.

Incentive Fees

Fees paid to a fund manager based on the performance of the fund, designed to align the interests of the manager with those of the investors.