What Takes Information Entered into a Given System and Sends

question 230

Multiple Choice

What takes information entered into a given system and sends it automatically to all downstream systems and processes?

• A)backward integration
• B)application integration
• C)data integration
• D)forward integration

Understand the significance and purposes of strategic alliances and partnerships in international business.

Grasp the concept and impact of absolute and comparative advantage in international trade.

Identify the key international organizations and agreements that facilitate global commerce.

Understand the role of political and sociocultural factors in shaping international business operations.

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Definitions:

Accrual Basis

A system in bookkeeping where earnings and expenses are documented at the point of transaction, not necessarily when cash exchanges hands.

Cash Basis

An accounting method that recognizes revenues and expenses only when cash is received or paid, as opposed to the accrual basis accounting.

Depreciation

The systematic allocation of the depreciable amount of an asset over its useful life, reflecting wear and tear, obsolescence, or loss of usefulness.

Plant And Equipment

Plant and Equipment refer to the long-term assets used in the operation of a business, excluding buildings or real estate, that contribute to the production process.