Virtualization Involves Running Multiple Operating Systems,or Multiple Copies of the Same

question 153

True/False

Virtualization involves running multiple operating systems,or multiple copies of the same operating system,all on the same machine.

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Definitions:

Economic Entity

A unit in the economy that is capable of engaging in financial activities, such as a person, corporation, or government entity.

GAAP

stands for Generally Accepted Accounting Principles, which are the standard framework of guidelines for financial accounting used in any given jurisdiction.

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board that guide how financial transactions and events should be reported.

Revaluation

An adjustment made to the book value of an asset to accurately reflect its current market value.