Which Statement Is True of Web-Based Electronic Data Interchange (Open

question 92

Multiple Choice

Which statement is true of Web-based electronic data interchange (Open EDI) ?

• A)It reduces the cost of transmitting documents.
• B)It has a disadvantage of being platform dependent.
• C)It consists of international agreements on privacy protection and data security.
• D)It provides more secure data transmission than traditional EDI.

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Definitions:

Inventory Levels

Refers to the quantity of goods and materials on hand that a business has at any given time.

Master Budget

A comprehensive financial plan that outlines an organization's financial and operational goals.

Individual Budgets

Financial plans that allocate resources and forecast the revenues and expenses for each department or project within an organization.

Sequence Prepared

The order in which tasks or activities are organized and completed.