In E-Commerce, Some Cryptographic Tools Can Be Used to Assure

question 35

Short Answer

In e-commerce, some cryptographic tools can be used to assure that parties to the transaction are authentic, so that they cannot later deny having participated in a transaction, a feature often called ____________________.

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Definitions:

Units-of-production Method

A method of depreciation that allocates the cost of an asset based on its usage, production, or units of activity rather than the passage of time.

Passage of Time

Refers to the progression of time and its implications, often related to depreciation, amortization, and other time-sensitive accounting practices.

Ignores Salvage Value

This term refers to the accounting practice where the potential residual value of an asset at the end of its useful life is not considered in depreciation calculations.