What Is a Peer-To-Peer Network

question 15

Multiple Choice

What is a peer-to-peer network?

• A)A system that enables the transmission of data over public or private networks.
• B)A communications, data exchange, and resource-sharing system created by linking two or more computers and establishing standards, or protocols, so that they can work together.
• C)Any network without a central file server and in which all computers in the network have access to the public files located on all other workstations.
• D)A computer that is designed to request information from a server.

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Definitions:

Ending Inventory

The total value of goods available for sale at the end of an accounting period, calculated by adding purchases to beginning inventory and subtracting cost of goods sold.

Stockholders' Equity

Stockholders' equity, or shareholders' equity, represents the residual interest in the assets of a corporation after deducting liabilities, essentially the net worth attributed to shareholders.

Overstatement

The action of stating or estimating a quantity or value more highly than is justified by the available evidence.

Inventory Turnover

A measure of how many times a company's inventory is sold and replaced over a specific period.