Match Each Item with a Statement Below

question 26

Multiple Choice

Match each item with a statement below.
-Has all equipment required to maintain network communication and other services as well as current data

• A)Disaster recovery
• B)Warm site
• C)Network security
• D)Cold site
• E)Hot site

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Definitions:

Markup

An additional amount included with the buying price of items to ensure coverage of operational expenses and earn a profit.

Total Cost Method

An inventory valuation method that determines the ending inventory and cost of goods sold by considering all costs of production as product costs.

Invested Assets

Assets that are allocated towards investments including securities, real estate, and other assets expected to produce income or profit.

Break-Even

Break-even point is the level of production or sales at which total revenues equal total expenses, resulting in no net loss or gain.