Which of the Following Statements About M-Commerce Is Not True

question 90

Multiple Choice

Which of the following statements about m-commerce is not True?

• A) In 2010, m-commerce represented less than 10 percent of all e-commerce.
• B) M-commerce is the fastest growing form of e-commerce.
• C) M-commerce applications are especially popular in Europe, Japan, and South Korea.
• D) In 2010, the top-grossing category of m-commerce was e-book sales.

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Definitions:

Profit

The financial gain realized when the revenues generated from business activities exceed the expenses and costs incurred in generating those revenues.

Ending Inventory

The total value of all the goods a company has in stock at the end of a fiscal period, which is used to calculate the cost of goods sold.

Net Income

A business's remaining profit after taking away all costs and taxes from its generated revenue.

Overstates

The act of presenting values or figures in financial statements higher than they actually are, leading to a distorted view of a company's financial health.