One of the Newest Technologies Related to Payables Is One

question 45

Multiple Choice

One of the newest technologies related to payables is one where invoices are exchanged and payments are made via the internet.The name given to this process is:

• A)Random Array of Invoice and Disbursements (RAID)
• B)Electronic Invoice Payment Procedures (EIPP)
• C)Electronic Invoice Presentment and Payment (EIPP)
• D)Routing Application Invoice Delivery (RAID)

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Definitions:

Synapses

The junctions between neurons through which electrical or chemical signals are transmitted.

Basement Membrane

A thin, dense layer of extracellular matrix that separates epithelial and endothelial cells from the underlying connective tissue.

Tendons

Strong connective tissue that connects muscles to bones, transferring the force of muscle contractions to facilitate movement.

Ligaments

Tough, fibrous tissues that connect bones to other bones, providing stability and support in joints.