Which of the Following Is Not a Strategic Driver of the Internet

question 10

Multiple Choice

Which of the following is not a strategic driver of the Internet economy?

• A)Speed is essential to successful Internet operations.
• B)Employees can easily be substituted for one another.
• C)Making it possible to deal with customers on a 1-to-1 basis.

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Definitions:

General Ledger

The master set of accounts that aggregates all transactions recorded for a business.

Subsidiary Ledger

A detailed ledger that contains the supporting documents for a specific main account, such as accounts payable or receivable, to keep the general ledger uncluttered.

General Journal

A primary accounting record where financial transactions are initially recorded, before posting to specific accounts in the ledger.

Credit Entries

Accounting entries that increase liabilities, equity, and income accounts, or decrease asset and expense accounts.