Most Local Phone Service Is Based on a Channel-Sharing Strategy

question 37

Multiple Choice

Most local phone service is based on a channel-sharing strategy called ____.

• A) ​packet switching
• B) ​route switching
• C) ​circuit switching
• D) ​path switching

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Definitions:

Loss On Realization

Loss on realization occurs when the proceeds from the sale of an asset are less than its carrying amount on the books, leading to a financial loss.

Deficit

The amount by which expenditures exceed income or costs outstrip revenues, resulting in a negative balance.

Liquidation

The process of closing a business, selling its assets to pay off debts, and distributing the remaining assets to owners or shareholders.

Profit And Loss Percentages

Are critical figures that represent the percentage of profit or loss a business generates from its operations, relative to its revenues.