All of the Following Are True About a Two-Tiered Client/server

question 24

Multiple Choice

All of the following are true about a two-tiered client/server LAN, except ____.

• A) a gateway computer can link the LAN to other LANs or to the Internet
• B) data can reside on a client PC's hard drive or at the server
• C) searching for data is location transparent
• D) a printer on the LAN is available to all of the client PCs
• E) data transparency can extend to a mainframe external to the LAN

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Definitions:

Call Option

A financial agreement that allows the purchaser the option, without the requirement, to purchase a stock, bond, commodity, or different asset at an agreed-upon price during a predetermined timeframe.

Expiration

The predetermined date on which an options or futures contract becomes void and the right to exercise it ceases.

Intrinsic Value

The inherent or true value of an asset, investment, or company, based on fundamental analysis, excluding market speculation.

Exercise Price

The predetermined price at which the holder of an option can buy (in the case of a call option) or sell (in the case of a put option) the underlying asset.