Which of the Following Best Describes a Local Area Network

question 45

Multiple Choice

Which of the following best describes a local area network?

• A) A network that covers a large geographic area, such as a city or state
• B) A network that connects computers within a limited physical area, such as inside a single building
• C) A network that covers no more than a single state
• D) A private network that uses the Internet as its main backbone

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Definitions:

Variable Expenses

Expenses that fluctuate with business activity levels, such as sales commissions or raw material costs.

Transfer Price

The cost at which various segments of a corporation conduct transactions amongst themselves, including the exchange of materials or workforce among different departments.

Transfer Price

The price at which goods and services are sold between divisions within the same company or to a subsidiary.

Outside Supplier

An external entity that provides goods or services to a company, not part of the company’s own operations.