Electronic Data Interchange (EDI)and Electronic Funds Transfer (EFT)are Forms of _________

question 31

Multiple Choice

Electronic data interchange (EDI) and electronic funds transfer (EFT) are forms of _________ e-commerce that have been around for many years.

• A)consumer-to-consumer (C2C)
• B)consumer-to-business (C2B)
• C)business-to-business (B2B)
• D)business-to-consumer (B2C)

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Definitions:

Factory Overhead

Indirect costs incurred during the manufacturing process, such as utilities, maintenance, and salaries, that are not directly tied to production.

Direct Labor Costs

Wages and benefits paid to employees who are directly involved in the production of goods or services.

Indirect Costs

Expenses not directly tied to the production of goods or services, such as overhead, rent, and administrative salaries.

Manufacturing Environment

A setting where goods are produced on a large scale using machinery, labor, and other resources.