Distinguish between local area and wide area networks

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A local area network (LAN) is a computer network that spans a relatively small area, allowing all computer users to connect with each other to share data and peripheral devices, such as printers. LAN-based communications may involve the sharing of data, software applications, or other resources between several users. LANs typically do not exceed tens of kilometers in size and are typically contained within a single building or a limited geographical area. They typically use only one kind of transmission medium or cabling, such as twisted-pair wire or coaxial cable. There are also wireless local area network products available. These are very popular because they are relatively easy to set up, and they enable users to have a network without any network cables strewn around their homes or offices.

A wide area network (WAN) is a computer network that spans a relatively large geographical area. WANs are typically used to connect two or more LANs. Different hardware and transmission media are often used in WANs because they must cover large distances efficiently. Used by multinational companies, WANs transmit and receive data across cities and countries.

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The following financial statement data are taken from Xeron Company's 2012 annual report: (in millions) Current assets $12.6 Investments 9.4 Intangibles 6.8 Property, plant, and equipment 58.1 Current liabilities 6.4 Long-term debt 39.7 Stockholders' equity 40.8 Compute the debt to tangible net worth ratio

a. 146.8% b. 135.6% c. 53.0% d. 45.7% e. none of the answers are correct

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Examples of relevant fixed costs for a special order decision are the purchase of additional machinery, an increase in supervisory help, and an increase in insurance premiums required by a specific order

Indicate whether the statement is true or false

Business

Which of the following is/are not true concerning pension plans?

a. The plan administrator serves in a fiduciary capacity for the benefit of employees. b. The employer cannot access assets in the pension plan except under specific conditions that vary, as a matter of pension law, by jurisdiction. c. The employer does not consolidate the assets and liabilities of the pension plan with its own assets and liabilities. d. The total amount of cash that the employer contributes to the pension plan over time is never the total amount of pension expense that the employer must recognize in measuring net income. e. none of the above

Business

All well run companies practice "earnings management"

Indicate whether the statement is true or false

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