IP Is the Protocol That Functions Primarily at the Open

question 35

Multiple Choice

IP is the protocol that functions primarily at the Open Systems Interconnection (OSI) ____.

• A) Transport Layer
• B) Network Layer
• C) Data link Layer
• D) Presentation Layer

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Definitions:

Income Summary

An account used in the closing process that aggregates all revenues and expenses to determine the overall profit or loss.

Capital

The wealth, either financial or other assets, used by an individual or business to fund operations and facilitate growth.

Withdrawals

Amounts of money taken out from a business by its owners for personal use.

Revenue Accounts

The financial accounts that track the income generated from a company's normal business operations, such as sales or service charges.