Identify a Method of Data Transmission Used Primarily with Local

question 16

Multiple Choice

Identify a method of data transmission used primarily with local area networks (LANs) .

• A)Packet switching
• B)Circuit switching
• C)Broadcasting
• D)Clocking

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Definitions:

Notes Receivable Account

An account on the balance sheet representing claims against others for money, goods, or services to be paid within a specified period.

Notes Receivable

Claims for which formal agreements of credit are made between borrowers and lenders, often involving interest.

Journal Entry

A record that captures all the financial transactions of a business, displaying debits and credits in the accounting system.

Aging Method

An accounting technique used to estimate the amount of a company's bad debts based on the age of its receivables.