An Important Factor of E-Commerce Is Speed

question 62

True/False

An important factor of e-commerce is speed.

---

Definitions:

Accounts Listed

Refers to the organized list of all accounts used in a company's accounting system, which can include assets, liabilities, equity, revenues, and expenses.

Sales Returns

Goods returned by the buyer to the seller, leading to a reduction in the seller's revenue.

Contra-Revenue Account

An account that is used to record deductions from gross revenue, resulting in net revenue.