The Purpose of CICA Webtrust Services Is to Provide Assurance

question 91

True/False

The purpose of CICA Webtrust Services is to provide assurance that a company engaged in electronic commerce can provide the goods or services it promises.

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Definitions:

Causal Variables

Factors that directly influence the outcome of a situation, where changes in these variables cause changes in other variables.

B2B Market

Business-to-Business market, where transactions are conducted between companies, rather than between companies and consumers.

Macro Variables

Broad variables that describe the overall context of an economy, such as GDP, unemployment rates, inflation, and interest rates.

Micro Variables

Small-scale factors that can affect a business or research outcome; often specific to a particular area or sector.