Which Statement Is a Valid Criticism of Electronic Transactions

question 9

Multiple Choice

Which statement is a valid criticism of electronic transactions?

• A) Safeguarding transfer authority is a major challenge for e commerce.
• B) Authorization codes are necessary in electronic messages.
• C) There is a tradeoff between increased efficiency and the absence of rules.
• D) Safeguarding transfer authority is a major challenge for customers.

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Definitions:

Manufacturing Company

A business engaged in the production of goods using labor, machinery, and raw materials.

Financial Statements

Financial statements are formal records of the financial activities and position of a business, person, or other entity, presenting the results of operations, financial position, and cash flows.

Gross Profit

The financial metric representing the difference between sales revenue and the cost of goods sold before deducting administrative and selling expenses.

Product Costs

Product costs include all costs directly associated with the production of goods, including raw materials, direct labor, and manufacturing overhead.