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Computer Systems Quiz

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Questions and Answers

What is the main function of a computer?

Linking billions of computers and users

Operating microwave ovens and remote controls

Controlling industrial robots and computer-aided design

Performing arithmetic and logical operations automatically (correct)

What does the term 'computer system' refer to?

Simple manual instruments like the abacus

A complete computer including hardware, operating system, software, and peripheral equipment (correct)

A group of computers linked and functioning together

Special-purpose devices like microwave ovens and remote controls

What can be considered as part of a computer system?

Mobile devices such as smartphones

Industrial robots and computer-aided design

Simple special-purpose devices like microwave ovens

Operating system, software, and peripheral equipment (correct)

What is the role of early computers in the Industrial Revolution?

Automating long, tedious tasks Signup and view all the answers

What is the primary function of the Internet powered by computers?

Linking billions of computers and users Signup and view all the answers

What is the purpose of the Novel Activities Supervision Program established by the Federal Reserve?

To support financial innovation and strengthen oversight of novel activities Signup and view all the answers

What will the Novel Activities Supervision Program focus on?

Novel activities related to distributed ledger technology (DLT) Signup and view all the answers

How can financial innovation supported by new technologies benefit the U.S. economy and consumers?

By spurring competition, reducing costs, and extending the reach of financial services and products Signup and view all the answers

What is one of the potential impacts of rapid change driven by innovation in the financial system?

Material impact on the safety and soundness of banking organizations Signup and view all the answers

Who does the Novel Activities Supervision Program apply to?

All banking organizations supervised by the Federal Reserve Signup and view all the answers