Which of the Following Refers to Connecting Buyers and Sellers

question 71

Multiple Choice

Which of the following refers to connecting buyers and sellers electronically through interactive computer systems?

• A) Electronic marketing
• B) EDI
• C) E-commerce
• D) Virtual private networks
• E) Social media

---

Definitions:

Activity Base

A measure used for allocating costs to a product or service, typically based on the extent to which the product or service uses that activity.

Predetermined Overhead Rate

An estimated rate used to assign overhead costs to products or job orders, based on a particular activity base, before the actual costs are known.

Underapplied Overhead

A condition where the allocated manufacturing overhead is less than the actual overhead costs incurred, leading to a shortfall.

Overapplied Overhead

Occurs when the allocated manufacturing overhead costs for a period exceed the actual overhead costs incurred.