The Direct Electronic Transmission, from Computer to Computer, of Standard

question 56

Multiple Choice

The direct electronic transmission, from computer to computer, of standard business forms between two organizations is classified as which of the following?

• A)electronic data interchange
• B)just-in-time inventory
• C)real-time inventory
• D)direct sourcing

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Definitions:

Operating Activities

The portion of cash flow that relates to the core operations of a business, including cash receipts from sales and cash payments for goods and services.

Payment Of Dividends

The allocation of part of a corporation's profits to its shareholders, as decided by the corporation's board of directors.

Financing Activities

This term refers to transactions and events through which a business raises funds to operate and expand, such as issuing debt or selling equity.

Purchase Of Equipment

The acquisition of equipment that a business requires for its operations, treated as a capital expenditure.