What Is a Backup

question 23

Multiple Choice

What is a backup?

• A) An exact copy of a system's information
• B) The ability to get a system up and running in the event of a system crash or failure and includes restoring the information backup
• C) A computer system designed that in the event a component fails, a backup component or procedure can immediately take its place with no loss of service
• D) A backup operational mode in which the functions of a computer component (such as a processor, server, network, or database) is assumed by secondary system components when the primary component becomes unavailable through either failure or scheduled down time

---

Definitions:

Interest Rates

The expense associated with obtaining a loan, or the incentive for depositing funds, usually shown as a percentage of the original amount.

Zero-Coupon Bond

A bond that does not pay periodic interest payments but is issued at a deep discount from the face value and is redeemed at the face value at maturity.

Duration

A measure of the sensitivity of the price of a financial asset or liability to changes in interest rates, often used with bonds to assess interest rate risk.

Coupon Bond

A coupon bond is a debt security that pays the holder periodic interest payments based on a fixed interest rate until the bond matures, at which point the face value is paid to the bondholder.