Of the Following,which Is a Potential Disadvantage of the Internet

question 31

Multiple Choice

Of the following,which is a potential disadvantage of the Internet?

• A)Starting a new business is much easier.
• B)Businesses in developing countries can overcome many of the obstacles of infrastructure.
• C)One complaint can easily be developed into millions of complaints.
• D)Information and technology are not bound to any region or country.
• E)It is easier for new global retail brands to emerge.

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Definitions:

Gross Sales

The total sales revenue of a business before any deductions are made for returns, allowances, or discounts.

Allowance for Doubtful Accounts

A contra-asset account used to estimate the portion of accounts receivable that may not be collectible.

Aging of Accounts Receivable

A report or method that categorizes a company's accounts receivable according to the length of time an invoice has been outstanding to evaluate the likelihood of collecting on those invoices.

Receivables Balance

The total amount owed to a business by its customers or clients for goods or services delivered on credit.