A Peer-To-Peer LAN Consists of a Small Number of Computers

question 71

True/False

A peer-to-peer LAN consists of a small number of computers and devices (generally 10 or fewer) linked together.

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Definitions:

Bank Reconciliation

The process of matching and comparing figures from the accounting records against those presented on a bank statement to ensure consistency.

Cash Balance Per Books

The amount of cash according to a company's financial records or accounting books.

Reconciling Information

The process of ensuring that two sets of records or reports (usually financial) are in agreement and accurate.

October Bank Reconciliation

The process of comparing and adjusting the balance of an entity's accounting records for October with the balance reported by the bank.