A Client Is a Computer That Is Connected to a Network

question 10

True/False

A client is a computer that is connected to a network and has access through the server to the database.

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Definitions:

Net Present Value

The gap between the current value of incoming and outgoing cash over a given period.

Lockbox System

A service offered by banks to companies for the receipt of payment from customers, involving the collection of customers' payment checks through a special post office box.

Bank

A financial institution that accepts deposits, offers loans, and provides other financial services.

Average Daily Receipts

The average amount of cash flow received by a business per day over a defined period of time.