Grant Is Looking at a Second System

question 20

Multiple Choice

Grant is looking at a second system. This system, he determines, is a batch processing system. How does he know?

• A)Users can access data randomly.
• B)The information system at the client site is available whenever necessary to support business functions.
• C)The system at the client site processes transactions completely when and where they occur.
• D)The IT operations group at the client site runs programs at a predetermined schedule, without user involvement, during regular business hours, at night, or on weekends.

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Definitions:

Stock Index

An indicator used to measure and report value changes in a selection of stocks, which represents a specific segment of the stock market.

Risk-Free Rate

The expected yield from an investment that carries no risk, commonly exemplified by state bonds.

Dividend

A portion of a company's earnings distributed to its shareholders, typically in the form of cash or additional shares.

Cash Settlement

The provision of some futures contracts that requires not delivery of the underlying assets but settlement according to the cash value of the asset.