Which of the Following Is the Best Assessment of the Impact

question 60

Multiple Choice

Which of the following is the best assessment of the impact extranets have had on the way small businesses operate?

• A) As yet, extranet technology has had little impact on small businesses, because the technology is too new and expensive.
• B) The development of extranets has put small firms at a serious competitive disadvantage, because suppliers and customers are more willing to participate in extranets set up by larger organizations.
• C) The use of extranets enables small firms to share and process data in ways that had been available in the past only to large firms that could afford electronic data interchange technology.
• D) The extranet has made it easier for small firms to offer their goods and services to the general public because of the increased bandwidth this technology provides.

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Definitions:

FICA Taxes Withheld

The portion of social security and Medicare taxes that employers deduct from employees' wages and salaries.

Net Payroll

The total amount of wages payable to employees after deductions such as taxes and benefits.

Salaries And Wages Payable

Liabilities representing amounts owed by an employer to its employees for work performed but not yet paid.

FICA Taxes Withheld

The part of wages that are taken out for Social Security and Medicare, as required by the Federal Insurance Contributions Act.