What Type of Storage Method Is Used for Less Frequently

question 26

Multiple Choice

What type of storage method is used for less frequently needed data and appears to be stored entirely on tape cartridges?

• A)magnetic disk
• B)CD-ROM
• C)virtual device
• D)SAN

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Definitions:

Fair Value

An impartial estimate of the market value of an asset or liability, based on current market prices.

Available-for-Sale

A classification for financial assets that are not to be held to maturity or for trading purposes, allowing for changes in value to be recorded in other comprehensive income.

Unrealized Increase/Decrease

Unrealized increase/decrease refers to the changes in the value of investments that have not yet been sold and the gains or losses have not been 'realized' through a transaction.

Fiscal Year

A one-year period chosen by a business or government for accounting purposes, which may or may not align with the calendar year.