A Few Examples of Ebusiness Advantages Can Include Opening New

question 67

True/False

A few examples of ebusiness advantages can include opening new markets, reducing costs, and expanding global reach.

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Definitions:

Purchases Journal

An accounting record where all purchases of merchandise, inventory, and other supplies on credit are recorded, excluding cash purchases.

Cash Payments Journal

A journal used in accounting to record all cash outflows or payments made by a company.

Revenue Journal

A specialized accounting journal used to record the sales of services or goods on credit, highlighting the revenue aspect of transactions.

Fees Earned

Revenue generated by a company through the provision of services.