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On-Site Data Backup Involves Storing Software and Data in a Separate

question 38

True/False

On-site data backup involves storing software and data in a separate physical location or online on the Internet.


Definitions:

Line of Credit

A flexible loan from a bank or financial institution that allows a borrower to draw and use funds up to a designated limit.

Field Warehouse

A storage facility that is used to store goods that are under the control of a financing company until the loan secured by those goods is repaid.

Loan Against Inventory

A type of financing where a loan is given to a company based on the value of its inventory which serves as collateral.

Line of Credit

An arrangement between a financial institution and a client that establishes a maximum loan balance that the borrower can access.

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