What Is a Highly-Automated Business Process Between Suppliers and Purchasers

question 143

Multiple Choice

What is a highly-automated business process between suppliers and purchasers to exchange data electronically and electronically execute a purchase transaction called?

• A)Evaluated Receipts Settlement
• B)Completeness of cash disbursements
• C)Evaluation of Receipts Settlement
• D)Cash disbursements

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Definitions:

Real Estate Broker

A licensed individual or firm that acts as an intermediary between buyers and sellers of real estate properties, often earning a commission for facilitating transactions.

FTC

The Federal Trade Commission, a U.S. government agency focused on consumer protection and maintaining competition.

Estate Settlement

The process of managing and distributing a deceased person's assets according to their will or state laws if there is no will.

Real Estate Brokers

Licensed professionals who arrange real estate transactions, putting buyers and sellers together and acting as their representatives in negotiations.