In the Context of Electronic Exchange of Information, Which Is

question 71

Multiple Choice

In the context of electronic exchange of information, which is used by companies to improve the efficiency and effectiveness of the supply chain process?

• A)Really Simple Syndication feeds
• B)Traditional client-server interfaces
• C)Paper documents
• D)The Internet and established Web protocols

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Definitions:

Spending Variance

The difference between the actual amount spent and the budgeted amount for a particular period or item.

Actual Level

The real, measured level of production, performance, or activity, as opposed to planned or theoretical levels.

Spending Variance

The difference between the actual amount spent and the budgeted amount for a particular category or period, indicating over or under spending.

Planning Budget

A financial plan that estimates the revenue and expenses for a specific period, often used for setting performance expectations.