Today Each of Us Can Communicate Information Across Huge Numbers

question 37

Multiple Choice

Today each of us can communicate information across huge numbers of people and are witnessing revolutions that profoundly change our lives. This newest revolution is called:

• A) B2B commerce.
• B) M2M
• C) horizontal flow.
• D) B2C commerce.

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Definitions:

Accuracy

The degree to which the result of a measurement, calculation, or specification conforms to the correct value or a standard.

Posting

The act of recording financial transactions in the ledger of an accounting system.

Transaction

An agreement or exchange between two parties that involves the buying, selling, or trading of goods, services, or financial instruments.

Proof

in a financial context, refers to the process of verifying the accuracy and consistency of accounting records and financial statements.