In 2018, Which of the Following Accounted for the Smallest

question 36

Multiple Choice

In 2018, which of the following accounted for the smallest amount of B2B commerce?

• A) EDI
• B) private industrial networks
• C) Net marketplaces
• D) traditional B2B

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Definitions:

Beginning Cash Balance

The amount of cash available at the start of a financial period.

Cash Budget

A financial plan that estimates cash inflows and outflows over a specific period to manage liquidity and ensure cash availability.

Incremental Approach

A decision-making process that focuses on analyzing the financial impact of small or incremental changes in operations or business activities.

Budgeting

The process of creating a plan to spend your money, outlining projected income and expenses.