All of the Following Are Limitations of Traditional Payment Methods

question 115

Multiple Choice

All of the following are limitations of traditional payment methods in electronic commerce except:

• A)Cash cannot be used because there is no face-to-face contact.
• B)Paying for goods and services via the mail takes more time.
• C)Not all organizations accept credit cards.
• D)It is more secure for the buyer to use the telephone than to complete a secure transaction on a computer.
• E)None of these

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Definitions:

Net Working Capital

It calculates the short-term liquidity of a company, highlighting the funds available to run its day-to-day operations.

Net Working Capital

The variance between current assets and liabilities within a corporation.

Capital Gains

The profit from the sale of an asset such as stocks, bonds, or real estate that exceeds its purchase price.

Marginal Tax Rates

The rate at which the last dollar of income is taxed, indicating the impact of an additional dollar of income on tax liability.