A B2B Site That Describes Current Standards and Developments Within

question 6

Multiple Choice

A B2B site that describes current standards and developments within an industry can best be classified as a(n) ________.

• A) procurement exchange site
• B) brokering site
• C) company website
• D) information site
• E) vertical portal

---

Definitions:

Building

A fixed structure used for residential, commercial, or industrial purposes, considered a long-term physical asset in accounting.

Discount

A reduction applied to the normal selling price of goods or services, usually offered as an incentive to encourage purchase.

Common Stock

Equity ownership in a corporation, with voting rights and eligibility to receive dividends.

Cash

Currency available for use in transactions or deposits, represented by coins or banknotes.