In Electronic Data Interchange (EDI), the Software That Includes the Purchasing

question 17

Multiple Choice

In Electronic Data Interchange (EDI) , the software that includes the purchasing system at the origin and the order entry system at the destination is known as

• A) translation software
• B) value-added network (VAN)
• C) the communications network
• D) application software

---

Definitions:

Prospect Theory

A theory in behavioral economics that explains the decision-making process of individuals when faced with choices that have uncertain outcomes involving risk, and the probabilities of these outcomes are not known.

Traffic Violation

Any unlawful act committed by a driver while operating a vehicle on public roads, including speeding, running a red light, and driving under the influence.

Disutility

The dissatisfaction or unhappiness experienced by a consumer due to the consumption of a good or service, or from engaging in an activity.

Fine

A monetary penalty imposed by an authority on individuals or organizations for violations of legal rules.