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?

<p>Automating long, tedious tasks (B)</p> Signup and view all the answers

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

<p>Linking billions of computers and users (A)</p> Signup and view all the answers

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

<p>To support financial innovation and strengthen oversight of novel activities (C)</p> Signup and view all the answers

What will the Novel Activities Supervision Program focus on?

<p>Novel activities related to distributed ledger technology (DLT) (A)</p> Signup and view all the answers

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

<p>By spurring competition, reducing costs, and extending the reach of financial services and products (B)</p> Signup and view all the answers

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

<p>Material impact on the safety and soundness of banking organizations (B)</p> Signup and view all the answers

Who does the Novel Activities Supervision Program apply to?

<p>All banking organizations supervised by the Federal Reserve (B)</p> Signup and view all the answers

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