What Is the Term for the Buying,selling,and Servicing of Products

question 95

Multiple Choice

What is the term for the buying,selling,and servicing of products over a network,usually the Internet?

• A)biz-netting
• B)e-commerce
• C)I-trading
• D)e-vending

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Definitions:

Pretax Financial Income

Income of a company before taxes are deducted, as reported in its financial statements.

Deferred Tax Liability

A tax obligation due in the future for income that has been recognized in the financial statements but not for tax purposes.

Depreciation Temporary Differences

Differences that arise between tax depreciation and accounting depreciation, impacting the timing of income tax payments.

Tax Rate

The percentage at which an individual or corporation is taxed, either on income, property, or sales.