Nonmerchant Companies

question 93

Multiple Choice

Nonmerchant companies

• A) usually don't need ERP applications.
• B) engage in disintermediation.
• C) arrange the sale of goods without actually owning the goods.
• D) sell services they own.
• E) do not deal with the public.

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Definitions:

Fraud

A deliberate deception to secure unfair or unlawful gain, often at the expense of others.

Negligence

Not acting with the care expected from a reasonably prudent person in identical situations.

Cattle Feed

Food specifically prepared and provided for the nourishment and growth of cattle.

Poisoned Feed

A harmful or toxic compound mixed with livestock feed that can damage or kill animals.