The Company-To-Company Transfer of Standard Business Documents in Electronic Form

question 23

Multiple Choice

The company-to-company transfer of standard business documents in electronic form is called:

• A)Facsimile Transmission
• B)PDF Interchange
• C)Electronic Data Interchange
• D)Tele-transmission

---

Definitions:

Preferred Shareholders

Investors who own preferred shares in a company, giving them priority over common shareholders in the distribution of dividends and assets.

Dividend Distributions

Payments made by a corporation to its shareholders, usually derived from the company's earnings.

Cumulative Voting

A voting system that allows shareholders to concentrate their votes on a single candidate for the board of directors.

Board of Directors

A group of individuals elected by shareholders to oversee the management and make major decisions for a company.