Which of the Following Is a Network Confined to Sites

question 160

Multiple Choice

Which of the following is a network confined to sites on internal Web servers and only available to individuals within an organization?

• A)internet
• B)whispernet
• C)closed network
• D)intranet

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Definitions:

Lower-of-Cost-or-Market

An accounting principle requiring inventory to be recorded at either its cost or its market value, whichever is lower.

FIFO

A method of inventory valuation where goods first purchased or produced are assumed to be sold or used first, standing for "First In, First Out".

LIFO

Last-In, First-Out (LIFO) is an inventory valuation method whereby the most recently produced or acquired items are sold, used, or disposed of first.

Cost Flow Assumptions

Methods used to assign costs to inventory and goods sold, such as FIFO (First-In, First-Out) or LIFO (Last-In, First-Out).