A(n)________ Is a System That Links Invited Groups of Suppliers

question 49

Multiple Choice

A(n) ________ is a system that links invited groups of suppliers and partners over the Web,allowing companies to collaborate with suppliers they trust without having to share sensitive information with others.

• A)corporate Web site
• B)search engine
• C)intranet
• D)private exchange
• E)professional network

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Definitions:

Actual Cost

The actual expenditure incurred on goods or services, including all amounts spent to acquire them, minus any discounts or rebates.

Cash-Equivalent Amount

The value of an asset that can easily be converted into a known amount of cash within a short period.

Fraud Triangle

A model explaining the factors that cause an individual to commit fraud, including pressure, opportunity, and rationalization.

Opportunity

A set of circumstances that makes it possible to do something, especially in terms of making business decisions or investments that could lead to profit.