10 Questions
What is the main function of a computer?
Performing arithmetic and logical operations automatically
What does the term 'computer system' refer to?
A complete computer including hardware, operating system, software, and peripheral equipment
What can be considered as part of a computer system?
Operating system, software, and peripheral equipment
What is the role of early computers in the Industrial Revolution?
Automating long, tedious tasks
What is the primary function of the Internet powered by computers?
Linking billions of computers and users
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
What will the Novel Activities Supervision Program focus on?
Novel activities related to distributed ledger technology (DLT)
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
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
Who does the Novel Activities Supervision Program apply to?
All banking organizations supervised by the Federal Reserve
Test your knowledge about computer systems, including hardware, software, operating systems, and programming. Explore the components that make up a computer and the tasks they can perform.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
