Because EDI Transactions Are Business Contracts and Often Involve Large

question 12

Multiple Choice

Because EDI transactions are business contracts and often involve large amounts of money, the existence of an independent audit log helps establish ____.

• A)secrecy
• B)integrity
• C)nonrepudiation
• D)privacy

---

Definitions:

Effective Rates

The actual interest rate that a borrower pays on a loan or receives on a deposit, taking into account the compounding of interest.

Coupon Rates

Coupon Rates are the annual interest rates paid by bond issuers on the bond's face value, distributed typically in semi-annual payments.

Floating-Rate Bonds

Bonds with interest rates that adjust periodically based on a reference interest rate or index, protecting investors from interest rate risk.

Market Price

The price at which a product or service is traded in the competitive marketplace.