The Key Difference Between an Intranet and an Extranet Is

question 1

Multiple Choice

The key difference between an intranet and an extranet is that an intranet

• A) uses technology based on current Internet standards, while an extranet uses technology based on Internet2.
• B) uses public lines to transmit information, but an extranet uses private lines.
• C) is closed to public access, while an extranet allows selected outsiders access to the network.
• D) allows many different organizations to share data and resources, while an extranet is limited to only two organizations.

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Definitions:

Fixed Overhead

Expenses that remain constant regardless of the production or sales volume, including items like lease payments, wages, and insurance premiums.

Inventory

The total amount of goods and materials held by a company for the purpose of resale or production, including raw materials, work-in-progress, and finished goods.

GAAP

Generally Accepted Accounting Principles, the standardized set of accounting rules, practices, and procedures used in preparing financial statements in the U.S.

Product Costing

Product costing involves determining all expenses related to the creation of a product, including materials, labor, and overhead, to establish its total cost.