Personal Computers on the Desks of Managers Within a Computer

question 56

Multiple Choice

Personal computers on the desks of managers within a computer network are called:

• A) servers.
• B) clients.
• C) mainframes.
• D) external networks.
• E) hubs.

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Definitions:

Equipment

Tangible assets or physical items used in the operation of a business, including machinery, computers, and office furniture.

Common Stock

A type of equity ownership in a corporation, entitling holders to vote on corporate matters and receive dividends.

Fair Value

A reassessment of the price one might pay or receive for a certain asset or liability under current market conditions, emphasizing its ongoing relevance in accounting and finance.

Net Book Value

The value of an asset after accounting for depreciation and amortization, representing its carrying value on the balance sheet.