Which of the Following Statements About E-Commerce in the United

question 40

Multiple Choice

Which of the following statements about e-commerce in the United States in 2014 is not True?

• A) Mobile e-commerce generates more revenue than social e-commerce.
• B) Over 160 million Americans are expected to make at least one purchase online.
• C) B2B e-commerce is about 10 times the size of B2C e-commerce.
• D) Growth rates for retail e-commerce are higher in the United States than in China.

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Definitions:

Note Receivable

A financial asset representing a promise to receive a specific amount of money in the future, often with interest.

Receipt

A written acknowledgment that something of value has been transferred from one party to another.

Factoring Fee

The cost charged by a third party to a business for providing factoring services—financing based on the business's receivables.

Accounts Receivable

Funds that customers owe to a company for products or services that have been provided but not yet compensated for.