An Advantage of E-Wallets Is That

question 94

Multiple Choice

An advantage of e-wallets is that:

• A)Users do not need to re-enter personal information each time they make an online purchase
• B)Most e-wallet information is maintained on vendor file servers
• C)They ensure the completion of a purchase transaction over the Internet
• D)none of the above is an advantage of e-wallets

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Definitions:

Safety Stocks

Additional quantities of stock kept in inventory to reduce the risk of stockouts caused by variations in supply or demand.

Average Inventory

Average Inventory is a calculation used to estimate the value or quantity of inventory that a business holds over a specific period, often used for analyzing inventory efficiency.

Net Present Value

The difference between the present value of cash inflows and outflows over a period of time, used to assess the profitability of an investment.

Cash Sales Policy

A cash sales policy is a company's strategy to require payment for goods or services at the time of sale, which can improve cash flow and reduce credit risk.