Which of the Following Describes the Difference Between a Backup

question 29

Multiple Choice

Which of the following describes the difference between a backup plan and a recovery plan?

• A)Recovery is an exact copy of a system's information, where backup is the ability to get a system up and running in the event of a system crash or failure.
• B)Backup is mandatory, where recovery is optional.
• C)Backup is an exact copy of a system's information, where recovery is the ability to get a system up and running in the event of a system crash or failure.
• D)Recovery is mandatory, where backup is optional.

---

Definitions:

Loanable Funds

The loanable funds market is a concept in economics where the supply of and demand for loans determine the interest rate, including all forms of credit like loans, bonds, or savings deposits.

Savings

The portion of disposable income not spent on consumption of goods and services, set aside for future use or emergencies.

Investment Funds

Pools of capital from multiple investors used to collectively purchase securities while each investor retains ownership and control of their own shares.

Demand

In economics, demand is the quantity of a good or service that consumers are willing and able to purchase at various prices during a certain period of time.