A(n) _____ Is a System That Dynamically Links Buyers and Sellers

question 97

Multiple Choice

A(n) _____ is a system that dynamically links buyers and sellers into a rich communication network to establish and reinforce long-term, profitable relationships.

• A) biometric authentication system
• B) social network system
• C) operations management system
• D) customer relationship management system
• E) mass communication system

---

Definitions:

Credit

The provision of resources (like money) by one party to another, where repayment is expected in the future, often with interest.

Journal Entries

Records of financial transactions in the double-entry bookkeeping system, noting debits and credits for each transaction.

Posting

The process of recording financial transactions in the ledger of an accounting system.

Debits

Entries on the left side of an accounting ledger, representing increases in assets or expenses and decreases in liabilities, equity, and income.