Mark's Assignment Changes and He Needs to Develop a Solution

question 58

Multiple Choice

Mark's assignment changes and he needs to develop a solution for the finance office at the university. He will need to allow vendors to submit their bills online and to check if the university has paid their bills. Which of the following technologies is the best choice for him?

• A) Intranet
• B) Extranet
• C) Internet
• D) Vendornet

---

Definitions:

Return on Assets

A financial ratio that measures the efficiency of a company's use of its assets in generating profit.

Net Income

The net profit of a company calculated by deducting expenses and taxes from its total income.

Balance Sheet

A document that outlines a firm's assets, liabilities, and the equity held by shareholders, as of a certain date.

Stockholders' Equity

The portion of a company's capital that belongs to the shareholders, calculated as total assets minus total liabilities.