Which of the Following Is a Collection of Computers and Devices

question 49

Multiple Choice

Which of the following is a collection of computers and devices connected together, as shown in the accompanying figure, often wirelessly, via communications devices and transmission media?

• A) client base
• B) baseline
• C) network
• D) server farm

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Definitions:

Perpetual Inventory System

An inventory system that records the sale or purchase of inventory immediately through the use of computerized point-of-sale systems and enterprise asset management software.

Cost of Goods Sold

Represents the direct costs attributable to the production of the goods sold by a company, including the cost of the materials and labor used to create the product.

LIFO

An inventory valuation method that assumes the items most recently put into inventory are the first ones sold.

Ending Inventory

The overall worth of items ready for sale after an accounting period, determined by starting inventory added to purchases and then subtracting the cost of goods sold.