Explanation of why other options are incorrect:
A. It uses other systems as an authoritative time source: This is false because the ntp master command specifically makes the router the authoritative time source, not relying on external systems.
B. It distributes the time via NTP broadcast and multicast packets: This is partially correct, but the configuration only enables broadcast packets, not multicast.
D. It forms a peer association with another system: This is false because peer associations are formed between NTP servers that synchronize with each other, and this configuration sets the router as a master server that does not synchronize with others.
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