Global Corporation Enters into Contracts with Buyers in E-Commerce and Traditional

question 52

Multiple Choice

Global Corporation enters into contracts with buyers in e-commerce and traditional commerce. The UETA applies, if at all, only to those transactions in which the parties agree to use

• A) ​electronic means.
• B) ​paper documents.
• C) ​updates and cross-checks to orally verify any e-terms.
• D) ​notarized documents.

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Definitions:

Throughput Accounting

An accounting method that focuses on the rate at which a company generates money through sales, emphasizing the bottlenecks in the production process.

Financial Measures

Metrics used to assess a company's performance in terms of profitability, liquidity, solvency, and operational efficiency.

Bottleneck

A point of congestion or blockage in a production system that significantly reduces efficiency.

Theory of Constraints

A management philosophy focusing on identifying and relieving bottlenecks in processes to improve performance.