What Is the Difference Between Local Area Networks (LAN) and Wide

question 101

Essay

What is the difference between local area networks (LAN) and wide area networks (WAN)?

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Definitions:

Bank Account

An account held by an individual or business with a financial institution, allowing for the deposit and withdrawal of funds.

Physical Custody

The actual possession or direct control of tangible assets, documents, or securities.

Asset Records

Documentation that details the acquisition, valuation, and disposal of assets owned by an individual or organization.

External Auditors

Independent professionals outside of the organization who examine the company's financial statements to ensure accuracy and compliance with accounting standards.