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What is the difference between Single User and Multi-User (Network)?

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What is the difference between Single User and Multi-User (Network)?

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A single user program implies that the program will reside on a single computer, sharing of the data with another computer on a network is not allowed. With a Network version, multiple users can use the program at the same time. Any data added or changed by one user will be seen in real time by the other user(s).

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