The Disaster Recovery Strategy Known as A(n) ______________________________ Is a Fully

question 81

Short Answer

The disaster recovery strategy known as a(n) ______________________________ is a fully equipped data center that is made available on a standby basis to client companies for a monthly subscriber's fee.

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Definitions:

Securities

Securities that signify ownership in a publicly-listed company (stock), a debt obligation to a government entity or a company (bond), or entitlements to ownership conveyed through an option.

Legal Reserves

Legal reserves are funds that financial institutions are required to hold in reserve against deposits made by their customers, as dictated by regulatory authorities.

Vault Cash

Physical money that is held in banks' vaults and ATMs, used to meet the bank's obligations to depositors.

Federal Reserve Bank

One of the 12 regional banks that, together with the Board of Governors, make up the Federal Reserve System, which serves as the central banking system of the United States.