Scenario: ABC Software ABC Software Is a Producer of Educational Software for Small

question 27

Multiple Choice

Scenario: ABC Software
ABC Software is a producer of educational software for small children.The company has operations in Switzerland and would like to expand its foreign production with a new facility in China.
-The company's financial advisors recommend that ABC Software conduct most of its business in a vehicle currency which ________.

• A)is a currency used as an intermediary to convert funds between two other currencies
• B)is a currency that is used in the most bond markets globally
• C)is another name for Eurocurrency
• D)offers the best spot rate at any time for exchange purposes

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Definitions:

Private-Key Encryption

A type of encryption where only the two parties involved in sending the message have the code.

VoIP

Voice over Internet Protocol, a technology that allows voice to be sent over the Internet using packet-switched networks instead of traditional circuit-switched telephony systems.

Static Addressing

A way of assigning Internet protocol addresses where the address for a computer never changes and is most likely assigned manually by a network administrator or an Internet service provider.

MIME

Multipurpose Internet Mail Extensions, a standard that extends email to support text in character sets other than ASCII, as well as attachments of audio, video, images, and application programs.