It is true that the Home editions of Windows 7 do not include the Local Security Policy or Print Management. User do not have to be logged on as an administrator in order to use tools found in Computer Management
Local Security Policy is a set of information about the security of the local computer. The Local Security Policy can be found in the Windows operating system. Local security policy information includes:
The Local Security Authority (LSA) stores local policy information in a set of LSA policy objects.
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