The Checkpoint Feature

question 66

Multiple Choice

The checkpoint feature

• A)makes a periodic backup of the entire database
• B)uses logs and backup files to restart the system after failure
• C)suspends all data processing while the system reconciles the transaction log against the database
• D)provides an audit trail of all processed transactions

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Definitions:

Profit

Profit is the financial benefit that is realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.

Call Premium

The additional amount that the price of a call option exceeds its intrinsic value, often influenced by time remaining until expiration and volatility.

Put Premium

The price that an investor pays for the right but not the obligation to sell a specified amount of an underlying asset at a predetermined price within a specified time frame.

Long Straddle

An options trading strategy that involves purchasing both a call and a put option on the same asset with the same expiration date and strike price, betting on volatility.