An Invoice-Less System in Which Computer Hardware and Software Complete

question 90

Multiple Choice

An invoice-less system in which computer hardware and software complete an invoice-less match that is a comparison of the purchase order with the goods received is termed:

• A)Evaluated receipt settlement
• B)Automated matching
• C)Electronic invoice presentation and payment
• D)Enterprise resource planning

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Definitions:

Implicit Costs

The opportunity costs of using resources that a firm already owns, not involving direct monetary payment.

Road Lane

A specific portion of road or street designated for particular types of vehicles, often marked by lines, intended to manage traffic flow and enhance safety.

Urban Areas

Regions characterized by higher population density and vast human features in comparison to areas surrounding them.

Either-Or Decision

Choices faced by consumers or producers that involve a trade-off between two mutually exclusive options.