List and Explain Three Differences Between a WAN and a LAN

question 18

Essay

List and explain three differences between a WAN and a LAN.

Recognize the significance of the Internet and media convergence in contemporary society.

Comprehend the global distribution and access disparity of the Internet.

Analyze the role of media in shaping public perceptions and stereotypes.

Understand the impact of media ownership and media concentration on content and diversity.

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Definitions:

Recognized Gain

The portion of a capital gain that must be reported as income for tax purposes.

Excluded Gain

Profit from the sale of an asset that can be exempt from taxes, often related to home sales under specific Internal Revenue Code sections.

Recognized Gain

The portion of a capital gain on which taxes must be paid, typically realized when an asset is sold for more than its purchase price.

Adjusted Basis

The original cost of a property plus improvements and minus depreciation or damages, used to calculate capital gains or losses.