Which of the Following Best Describes Web 3.0

question 13

Multiple Choice

Which of the following best describes Web 3.0?

• A)user-generated online business
• B)based on the "intelligent" web where applications use natural language processing
• C)collaboration and social media
• D)All of these are correct.

---

Definitions:

Average Collection Period

The average number of days it takes for a company to collect payments from its credit sales, a measure of the effectiveness of its credit and collection policies.

Year-End Balance

The final amount of money in an account at the conclusion of a financial year, after all transactions have been accounted for.

Forecasted Net Income

An estimate of a company's profit for a future period, calculated by projecting revenues and subtracting anticipated expenses.

Competitive Pricing

A pricing strategy where a product's price is set based on the prices of similar products offered by competing businesses in the market.