What Is a Network

question 2

Multiple Choice

What is a network?

• A) Enables the transmission of data over public or private networks
• B) A communications, data exchange, and resource-sharing system created by linking two or more computers and establishing standards, or protocols, so that they can work together
• C) Any network without a central file server and in which all computers in the network have access to the public files located on all other workstations
• D) A computer that is designed to request information from a server

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Definitions:

Forward Contract

A customized contract between two parties to buy or sell an asset at a specified price on a future date.

Exchange Gain

The profit resulting from foreign exchange transactions and the fluctuation in exchange rates, realizing a higher value in the home currency.

Net Loss

The amount by which total expenses exceed total revenues for a business during a specific period, indicating a financial loss.

Spot Rate

The current exchange rate at which a currency can be bought or sold for immediate delivery.