An Outside Supplier Used to Provide Computer and Application Support

question 99

Multiple Choice

An outside supplier used to provide computer and application support for managing an information system is known as ______.

• A) an application maintenance provider
• B) an application service provider
• C) on-demand computing
• D) utility computing

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Definitions:

Convertibles

Securities, such as bonds or preferred shares, that can be converted into a specified number of common shares at the holder's discretion.

Underlying Stock

An underlying stock refers to the equity security upon which derivative securities, such as options and futures, are based.

Ultimate Credit Risk

The risk of loss that occurs when an obligor (such as an issuer of a bond) defaults on its obligations, considering all measures of mitigation.

Asset-backed Securities

Financial securities collateralized by a pool of assets, such as loans, leases, credit card debt, royalties, or receivables.