_____ Transforms Data into Complex, Scrambled Digital Codes That Can

question 45

Multiple Choice

_____ transforms data into complex, scrambled digital codes that can be deciphered only by authorized users who possess unique keys to the data.

• A) Data encryption
• B) Authorization
• C) Data decoding
• D) Authentication

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Definitions:

Interest Rate Futures

Futures contracts based on an interest-bearing instrument, used to hedge against or speculate on interest rate movements.

Treasury Bonds

Long-term government bonds with maturity periods typically exceeding ten years, offering periodic interest payments.

Eurodollars

Dollar-denominated deposits at foreign banks or foreign branches of American banks.

Futures Contract

An agreement to buy or sell a particular commodity or financial instrument at a predetermined price at a specified time in the future.