Most of the Time Required to Maintain an E-Commerce Site

question 57

Multiple Choice

Most of the time required to maintain an e-commerce site is spent on:

• A) debugging code.
• B) responding to emergency situations.
• C) general administration and making changes and enhancements to the system.
• D) changes in reports, data files, and links to backend databases.

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Definitions:

Accrual-based Income

An accounting method that records revenues and expenses when they are earned or incurred, regardless of when cash transactions occur.

Domestic Corporations

Corporations that are registered and operate within the country of incorporation, adhering to its laws and taxation.

Excess Fair Value

The amount by which the fair value of an asset exceeds its carrying value on the balance sheet, often recognized in business combinations or asset revaluations.

Franchise Contract

A legal agreement granting an individual or group the rights to market a company’s products or services in a specific territory.