0
Normally there are two types of servers. one is local and other one is distributed.. The difference between of both these transactions is local would be on the same server or database on the same machine and distributed is when u do transfer of money from one bank to another the servers involved are different and placed at different locations...
Add your answer:
Earn +20 pts
How does credit card transactions work?
Credit card transactions work because they are electronically connected to the bank server. Contact your local bank you are registered with for more information.
Different between international accounting and domestic accounting?
The difference between international accounting and domestic accounting is that whereas one is international the other is local. The international accountants must be certified by the international bodies while the local accounts must be certified by the local bodies.
What is the difference between branch accounting and inter company accounting?
The process of keeping track of all transactions within a corporation is known as " branch accounting." Branch accounting is crucial since it allows you to see how much money your firm has and what they're doing with it. Branch accounting is also useful for calculating taxes because it may demonstrate where profits come from. Source Url: Norwayoffice.biz Intercompany accounting, on the other hand, deals with cross-border transactions between corporations. If Company A purchases goods from Company B in another country, for example, Company A would.
What happens if your signature is slightly different on a cheque?
If it is due to age related shakiness, tremors you would probably need to inform your bank Officer with a supporting Doctor's letter or certificate. Giving multiple specimens of the signature at yr local bank is also suggested. If matters are bad, have a co-signatory who can co-sign unusual or large transactions.
Explain the working of nostro and vostro accounts for fund transfer with example?
International accounting procedures between Local banks and overseas banks often involve the use of nostro and vostro accounts. A nostro (means "ours" in Latin) account is an account maintained by a Local bank with a foreign bank that allows the Local bank to buy foreign currency. A vostro (means "yours" in Latin) account is an account maintained by an overseas bank with a Local bank that allows the overseas bank to purchase Local currency. The system of nostro and vostro accounts facilitates foreign exchange dealings and settlements and allows the settlement of currency transactions between the Country's (Local)Bank and foreign banks. Example : When X (Buyer) a trader in Base Country wants to purchase $5000 worth of goods by paying cash. Mr.X deposits the cash in his local bank in the country's currency for the corresponding amount ($5000) then a swift message is sent to the corresponding bank in the foreign country where the local bank holds a NOSTRO account requesting the bank to make the payment to Y (Seller) in his local currency i.e. US Dollars. Thus facilitating the trade between X & Y. IF Y wanted to buy something from X then the foreign bank would complete the deal using their VOSTRO account in X's country.
How is power distributed in a federal government?
There are different types of "federal government" and the distribution of power varies. It may be divided between a central government and several local governments. In the US model, it is divided between three branches of government, those being the Executive, the Legislative and the Judicial branches.they are divided between a central government and several local governments
Under a federal system of government powers are equally distributed between?
a central and local government
Who Under a federal system of government powers are equally distributed between?
a central and local government
How is distributed in a federal government?
There are different types of "federal government" and the distribution of power varies. It may be divided between a central government and several local governments. In the US model, it is divided between three branches of government, those being the Executive, the Legislative and the Judicial branches.they are divided between a central government and several local governments
How is power distributed in federal government?
There are different types of "federal government" and the distribution of power varies. It may be divided between a central government and several local governments. In the US model, it is divided between three branches of government, those being the Executive, the Legislative and the Judicial branches.they are divided between a central government and several local governments
Difference between parallel and distributed database?
Centralized Systems: A modern, general-purpose computer system consists of one to a few CPUs & a number of device controllers that are connected through a common bus that provides access to shared memory. The CPUs have local cache memories that store local copies of parts of the memory, to speed up access to data. Each device controller is in charge of a specific type of device (for example, a disk drive, an audio device, or a video display). The CPUs & the device controllers can execute concurrently, competing for memory access. Cache memory reduces the contention for memory access, since it reduces the number of times that the CPU needs to access shared memory.In a distributed database system, the database is stored on several computers. The computers in a distributed system communicate with one another through various communication media, such as high-speed networks or telephone lines. They do not share main memory or disks. The computers in a distributed system may vary in size & function, ranging from workstations up to mainframe systems.The main difference between centralized & distributed databases is that the distributed databases are typically geographically separated, are separately administered, & have slower interconnection. Also in distributed databases we differentiate between local & global transactions. A local transaction is one that accesses data only from sites where the transaction originated. A global transaction, on the other hand, is one that either accesses data in a site different from the one at which the transaction was initiated, or accessed data in several different sites.
When is it useful to have replication or fragmentation of data?
Replication is useful when there are many read-only transactions at different sites wanting access to the same data. They can all execute quickly in parallel, accessing local data. But updates become difficult with replication. Fragmentation is useful if transactions on different sites tend to access different parts of the database.
Difference between local area network and camus area network?
1. How might a distributed database designed for a local area network differ from one designed for a wide area network?
What different types of business to business?
One good example of a business that makes many "B2B" transactions is a restaurant. A restaurant will purchase its food from local markets before it serves its customers meals, it will purchase its beverages from local alcohol distributors, it may hire different companies to design the restaurant's interior, print up menus, and build a website. These are all types of business to business transactions.
What is the different between us beef and local beef?
The difference between US beef and local beef is that the local beef is a bit fresher. The local beef is better for the environment and local economy as well.
What is the difference between universal and local English grammar?
pronunciation are different. different meanings.
Difference between international trade and local trade?
International trade is trade between people or businesses in different countries. Local trade is trade between businesses and individuals in the same local area.
