If There Is a System Failure or a Major Disaster

question 79

Multiple Choice

If there is a system failure or a major disaster it is crucial that a good ________ system for the integrated system be in place.

• A) hardware
• B) backup and recovery
• C) database
• D) crisis management
• E) electrical

---

Definitions:

Equity Method

An accounting method for recording investments in which an investor has significant influence over the investee, reflecting the investor's share of the investee's profits or losses.

Outstanding Stock

Shares of a corporation that have been issued and are currently held by investors, including public shareholders and the company's officers and insiders.

Parent Company

A corporation that owns a controlling share of the stock in another company, making the latter a subsidiary.

Fair Value Method

An accounting approach that measures and reports assets and liabilities on the basis of their estimated or actual fair market price.