Examlex

Solved

Today Most Business Firms Have Discontinued Operating Their Legacy Systems

question 42

True/False

Today most business firms have discontinued operating their legacy systems, replacing these with inexpensive Web services and hosted software.


Definitions:

Risk Exposure

Risk exposure is the measure of potential future losses that may result from business activities or investment decisions, due to risks that have been taken.

Variable-Rate Loan

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

Interest Rate Cap

A financial derivative contract that limits the maximum interest rate a borrower has to pay on a variable-rate loan.

Futures Contracts

Standardized agreements to buy or sell a commodity or financial asset at a future date and price.

Related Questions