What Type of Firm Helps Online Consumers Gather and Sort

question 60

Multiple Choice

What type of firm helps online consumers gather and sort information about products and helps in the sale of the products by presenting the information in an easy to understand format?

• A) Shopping agents
• B) Drop shippers
• C) Business-to-business brokers
• D) Syndicated sellers
• E) E-agents

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Definitions:

Journalize

The process of recording financial transactions in a company's journal, marking the first step in the accounting cycle.

Fiscal Year

A 12-month period that companies use for accounting purposes and preparing financial reports, which may or may not align with the calendar year.

Quick Ratio

A liquidity ratio that measures a company's ability to meet its short-term obligations with its most liquid assets, excluding inventory.

Assets

Resources owned or controlled by a business or individual, which are expected to produce future economic benefits.