None of the Following Statements About EDI Are True Except

question 68

Multiple Choice

None of the following statements about EDI are true except:

• A) EDI systems generally serve horizontal markets.
• B) EDI systems are seller-side solutions.
• C) EDI is a communications standard for sharing business documents.
• D) EDI systems no longer play an important role in B2B commerce.

---

Definitions:

Purchase

The act of acquiring goods or services in exchange for money or other compensation.

Underlying Asset

The underlying asset determining the value of a derivative, including options like stocks, bonds, commodities, or currencies.

Troy Ounces

A unit of measure traditionally used for precious metals, where one troy ounce equals approximately 31.1035 grams.

Hedged

The strategy of making an investment to reduce the risk of adverse price movements in an asset, typically involving derivatives or similar securities.