_____ Refers to Marketing, Buying, Selling, and Servicing of Products

question 7

Multiple Choice

_____ refers to marketing, buying, selling, and servicing of products over a network, usually the Internet.

• A)E-commerce
• B)Media-based networking
• C)Enterprise content management
• D)Social commerce

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Definitions:

Depreciable Amount

The cost of an asset, or other amount substituted for cost, less its residual value.

Residual Value

The estimated amount that an asset will realize upon its disposal at the end of its useful life after deducting expected costs of disposal.

Annual Depreciation

The portion of the cost of a fixed asset that is expensed each year over its useful life as a way to allocate the cost over time.

Useful Life

The estimated period that an asset is expected to be usable for the purpose for which it was acquired, affecting its depreciation or amortization.