The NSF Planned and Built a National Network Called NSFNet

question 4

True/False

The NSF planned and built a national network called NSFNet, which used TCP/IP technology identical to the ARPANET.

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Definitions:

Periodic Method

An accounting method where inventory purchases are recorded in a purchases account, with the inventory count and cost of goods sold calculated at the end of the accounting period.

Discounts Lost

A financial metric indicating the additional cost incurred by failing to take advantage of offered payment discounts by suppliers.

Vouchers Payable

An accounting term used to represent records of transactions or evidence of expenditure awaiting payment.

Withdrawals

A subdivision of owner’s equity that records money or other assets an owner withdraws from a business for personal use.