A Client/server Architecture Is Used Frequently in Local Area Networks,but

question 6

True/False

A client/server architecture is used frequently in local area networks,but is inadequate to handle the higher demands of the Internet.

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Definitions:

Variable Cost Method

A cost accounting method that only applies variable costs to inventory, excluding fixed costs from cost of goods sold calculations.

Markup

Markup refers to the difference between the cost of a good or service and its selling price, expressed as a percentage over the cost.

Cost-Plus Approach

A pricing strategy where a fixed percentage or a fixed amount is added to the cost of producing a product to determine its selling price.

Markup

The amount added to the cost price of goods to cover overhead and profit.