What Is a Virtual Private Network

question 7

Multiple Choice

What is a virtual private network?

• A) Are natural parts of the Earth's environment that can be used as physical paths to carry electrical signals.
• B) A way to use the public telecommunication infrastructure (e.g., Internet) to provide secure access to an organization's network
• C) A private network, provided by a third party, for exchanging information through a high capacity connection.
• D) Refers to a type of cable composed of four (or more) copper wires twisted around each other within a plastic sheath

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Definitions:

Balance Sheet

A report detailing a firm's assets, liabilities, and owners' equity at a particular moment, offering a glimpse into its financial health.

Contra-Asset Account

An account on a company's balance sheet that reduces the value of a related account.

Bank Reconciliations

The process of matching and balancing figures in accounting records with those presented in a bank statement to ensure they are in agreement and accurate.

Outstanding Checks

Checks that have been written and recorded in the accounting books but have not yet been cashed or cleared by the bank.