In a __________, Communication Flows Only Between Individual Members and a Hub

question 66

Multiple Choice

In a __________, communication flows only between individual members and a hub or center point.

• A) centralized communication network
• B) decentralized communication network
• C) socialized communication network
• D) virtual communication network

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Definitions:

Nonparticipating

A term often related to insurance policies or preferred stocks that do not have the right to share in additional earnings or dividends beyond a specified amount.

Journal Entries

Journal entries are the method of recording all the financial transactions of a business in the accounting system, as part of the double-entry bookkeeping system.

Treasury Stock

Shares of a company's own stock held by the company itself, acquired through buybacks.