COGNITIVE ASSESSMENT How Are Standards Such as EDI Used by Businesses

question 99

Multiple Choice

COGNITIVE ASSESSMENT How are standards such as EDI used by businesses?

• A) to secure their network
• B) to define how data transmits across transmission media
• C) as a service for transferring funds
• D) to classify their network cable types in order to connect devices

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Definitions:

Statement of Cash Flows

A financial statement that shows how changes in balance sheet accounts and income affect cash and cash equivalents, breaking the analysis down to operating, investing, and financing activities.

Inventory Forecast

The process of estimating the amount of inventory a company will need over a future period based on historical sales data, seasonality, and market trends.

Regression Line

A statistical method used to describe the relationship between a dependent variable and one or more independent variables, usually represented as a straight line on a graph.

Dividend Payout Ratio

The percentage of a company's earnings distributed to its shareholders in the form of dividends.