What Is a Service-Oriented Architecture

question 12

Multiple Choice

What is a service-oriented architecture?

• A) A business-driven enterprise architecture that supports integrating a business as linked, repeatable activities, tasks, or services.
• B) A business task.
• C) The capability of services to be joined together on demand to create composite services, or disassembled just as easily into their functional component.
• D) The capability of two or more computer systems to share data and resources, even though they are made by different manufacturers.

Know the determination factors of wage rates in collective bargaining and their relation to monetary policy.

Realize the limitations of active policy in influencing output under rational expectations.

Identify the conditions under which fiscal and monetary policy can stimulate output and employment in the short run.

Distinguish between an active and passive approach to macroeconomic policy.

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Definitions:

Direct Product Cost

Expenses that are directly attributable to the production of specific goods or services, such as raw materials and direct labor.

Chocolate Covered Almonds

A confection or snack made by coating almonds with chocolate.

Almonds

Edible seeds from the almond tree, used in various foods and as a source of oil.

Indirect Product Cost

Costs not directly traceable to specific units of product, such as manufacturing overhead, which includes expenses like factory utilities.