Which of the Following Is Not a Cost of Electronic

question 96

Multiple Choice

Which of the following is not a cost of electronic data interchange (EDI) ?

• A) buying or leasing of hardware and software
• B) training employees
• C) responsiveness to customers' needs
• D) reengineering applications

Understand and apply different methods for joint cost allocation.

Differentiate between costs before and after the split-off point in joint manufacturing processes.

Identify the characteristics and impact of joint costs in manufacturing processes.

Understand the concept and importance of the split-off point in production processes.

---

Definitions:

Balance of Trade Surplus

A situation where the value of a country's exports exceeds the value of its imports over a given period, indicating a positive balance of trade.

Exports

Goods or services produced in one country and sold to buyers in another, contributing to the selling country's national income.

Imports

Goods or services brought into one country from another for sale or use.

Opportunity Cost

The cost of forgoing the next best alternative when making a decision or choosing between options.