What does DHCP stand for?

The correct answer, Dynamic Host Configuration Protocol, refers to a networking protocol that automatically assigns IP addresses and other network configuration parameters to devices on a network. This automation simplifies the management of IP addresses in a local area network (LAN) by enabling devices to request and receive their network configuration from a centralized server.

The significance of DHCP lies in its ability to minimize the complexities associated with manual IP address configuration, thus reducing the risk of address conflicts and improving network efficiency. By utilizing DHCP, network administrators can easily configure, manage, and maintain their networks, ensuring that each device communicates properly without the need for manual intervention.

In contrast, the other options presented do not reflect recognized protocols or standards in networking, which highlights why they are not the correct answer.