Is the Supply Chain Relationship Primarily B2B, B2C, C2B or C2C

question 19

Multiple Choice

Is the supply chain relationship primarily B2B, B2C, C2B or C2C for an auction site, such as Ebay.com.

• A) B2C
• B) C2B
• C) C2C
• D) B2B

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Definitions:

Journal Entry

A record in the books of accounts that documents a financial transaction, showing the accounts and amounts debited and credited.

Prepaid Insurance

An asset account that represents payments made in advance for insurance coverage, which has not yet expired.

Normal Balances

The typical sides (debit or credit) where increases to accounts are recorded in double-entry bookkeeping.

Debit Balance

A debit balance is the remaining amount in a financial account that occurs when total debits exceed total credits.