What Technology Is Beginning to Take the Place of EDI

question 47

Multiple Choice

What technology is beginning to take the place of EDI in some organizations?

• A)interorganizational systems
• B)EFT
• C)extranets
• D)intranets

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Definitions:

Flat-Rate State Income Tax

A tax system where a single tax rate is applied to all income levels, making the tax amount proportionate to income without progressive scaling.

General Sales Tax

A tax applied uniformly on most goods and services purchased by consumers within a jurisdiction.

Progressive Federal Income Tax

A tax system where the tax rate increases as the taxable amount (income) increases, applied at the federal level.

Government's Revenue

The total financial income collected by the government from various sources, including taxes, fees, and investments.