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Explain in Detail What a WAN Is and How It

question 50

Essay

Explain in detail what a WAN is and how it differs from a LAN in terms of its unit of transmission.


Definitions:

Aging

A method used to categorize and manage accounts receivable based on the length of time they have been outstanding.

Accounts Receivable

Amounts owed to a company by its customers for goods or services delivered or used but not yet paid for.

Probability

The measure of the likelihood that an event will occur, expressed as a number between 0 and 1.

Advances

Payments or funds given ahead of a normal schedule or before the receipt of goods or completion of services.

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