Redundancy Refers to ______

question 91

Multiple Choice

Redundancy refers to ______.

• A)the duplication of critical components such that the duplicate systems operate in parallel to the original components
• B)the duplication of components across the entire system such that each component in the system is duplicated
• C)the creation of a second system to mimic the first system if every component of the first system should fail
• D)the creation of unnecessary backup systems to provide a level of operational reliability that is not really required

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Definitions:

Borrowing

the act of obtaining funds from another party, often a financial institution, with the promise of repayment plus interest at a future date.

Selling Stocks

The act of disposing of equity shares in a company, typically to realize gains or raise capital.

Comparative Balance Sheets

Financial statements that provide a side-by-side comparison of a company’s balance sheets for two or more periods, allowing for analysis of trends over time.

Retained Earnings

The portion of net income that is not distributed to shareholders but instead is reinvested in the business or used to pay off debt.