An Invoice-Less System in Which Computer Hardware and Software Complete

question 19

Multiple Choice

An invoice-less system in which computer hardware and software complete an invoice-less match that is a comparison of the purchase order with the goods received is termed:

• A)Evaluated receipt settlement
• B)Automated matching
• C)Electronic invoice presentation and payment
• D)Enterprise receipt settlement

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Definitions:

Third World

A term originally used to describe countries that were not aligned with either the capitalist NATO bloc or the communist Eastern bloc during the Cold War, now often referring to developing countries.

Socio-Cultural Changes

Alterations in societal values, norms, and practices due to factors like technological advancements, economic shifts, and cultural exchanges.

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale, leading to increased interconnectedness and interdependence among global entities.

Worldwide Exchange

The global trading of goods, services, and financial assets among countries, influenced by international agreements and economic policies.