Electronic Document Management (EDM) Is the Computer-To-Computer Exchange of Business

question 34

True/False

Electronic document management (EDM) is the computer-to-computer exchange of business data in structured formats that allow direct processing of those electronic documents by the receiving computer system.

---

Definitions:

Legal Aspects

Components related to laws and regulations that impact businesses and their operations.

Board of Advisors

A group of experienced individuals selected to provide strategic advice and guidance to the management of an organization.

Liability

A financial obligation or responsibility that an individual or entity owes, which may result in the future sacrifice of economic benefits.

Control Resources

Control Resources involves the strategic management and allocation of a company’s assets, human resources, and capital to effectively support operations, maximize efficiency, and achieve organizational goals.