[A/An] _____ Involves a Communications Standard That Supports Inter-Organizational Electronic

question 79

Multiple Choice

[A/An] _____ involves a communications standard that supports inter-organizational electronic exchange of common business documents and information.

• A) electronic catalog
• B) cloud-based ordering system
• C) Procure-to-pay
• D) Electronic data interchange
• E) blanket purchase order

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Definitions:

Retirement Annuities

Financial products that provide a stream of payments to individuals after retirement, typically funded through premiums paid over time.

Compounded Semiannually

Interest on a loan or investment calculated twice a year, adding each interest payment to the principal amount before the next calculation.

Semiannual

Pertaining to an event or action occurring twice a year, often used in the context of payments or interest calculations.

Interest Earn

The income received from lending money or depositing funds in interest-bearing accounts.