_____ Is a Subset of E-Commerce That Involves Electronic Transactions

question 75

Multiple Choice

_____ is a subset of e-commerce that involves electronic transactions between consumers using a third party to facilitate the process.

• A) Business-to-business (B2B) e-commerce
• B) Business-to-consumer (B2C) e-commerce
• C) Consumer-to-business (C2B) e-commerce
• D) Consumer-to-consumer (C2C) e-commerce

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Definitions:

Grant Date

The date on which an employee is given the option to purchase stock at a set price.

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) that are becoming the global standard for the preparation of public company financial statements.

Statement of Financial Position

A financial statement detailing an organization's assets, liabilities, and equity at a specific point in time, known as the balance sheet.

Shareholders' Equity

The residual interest in the assets of a corporation after deducting its liabilities, representing the ownership interest of shareholders.