A Web Service Is an Open-Standards Way of Supporting Interoperability

question 53

True/False

A web service is an open-standards way of supporting interoperability. Web services are application programming interfaces (API) that can be accessed over a network, such as the Internet, and executed on a remote system hosting the requested services.

---

Definitions:

Investment Groups

Entities comprised of investors who pool their money together to invest in various financial instruments.

Indexed Mutual Fund

A mutual fund designed to replicate and manage a portfolio to match the performance of a market index.

Economic Downturn

A period of reduced economic activity characterized by declines in spending and investment, often leading to recession.

Diversification

A risk management strategy that mixes a wide variety of investments within a portfolio to reduce exposure to any single asset or risk.