An Organization Builds a Fully Equipped Backup Facility,having Everything from Office

question 1

Multiple Choice

An organization builds a fully equipped backup facility,having everything from office chairs to a one-to-one replication of the most current data.This facility is called a ________.

• A) buying center
• B) firewall
• C) hot backup site
• D) botnet
• E) collocation facility

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Definitions:

Risk Of Default

The possibility or likelihood that a borrower will not be able to meet debt obligations, leading to financial losses for the lender.

Futures Contracts

Financial contracts obligating the buyer to purchase an asset (like a commodity or financial instrument) and the seller to sell the asset at a predetermined future date and price.

Forward Contracts

Financial derivatives that obligate the buyer to purchase and the seller to sell a specific asset at a predetermined future date and price.

Marked-To-Market

Marked-to-market refers to the practice of valuing assets or financial instruments based on their current market prices.