The ______ Process Retains Copies of Data Over Extended Periods

question 9

Multiple Choice

The ______ process retains copies of data over extended periods of time in order to meet legal and operational requirements.

• A) archive
• B) virtualization
• C) patching
• D) backup

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Definitions:

Remote Disbursing

A financial process used by organizations to distribute funds or payments from a central location to beneficiaries or accounts that are geographically dispersed.

Financing Receivables

The process of obtaining funds by selling accounts receivable to a financier or through factoring.

Easier Credit

Conditions under which banks make more loans available to customers with lower interest rates and less stringent qualification criteria.

Net Period

The timeframe between the issuance of an invoice and the due date for payment, often referred to in terms of net 30, net 60, etc.