A Company Can Reduce Its Costs Using Ebusiness to Change

question 30

Multiple Choice

A company can reduce its costs using ebusiness to change its business processes.Which of the following represents an example of a company reducing its costs through ebusiness?

• A)Creating an online travel reservation.
• B)Ordering a product online.
• C)Purchasing a book online and picking it up in the store.
• D)Researching products to find the lowest price and visiting the store to purchase the item.

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Definitions:

Incurred

Refers to costs, expenses, or liabilities that have been realized or obtained by a business, usually through its operations.

Fringe Benefits

Benefits provided to employees in addition to wages and salaries.

Recognized

In accounting, refers to the formal acknowledgment of a financial transaction or position within financial statements.

Social Security Taxes

Taxes collected from employees and employers to fund the Social Security program, providing benefits for retirees, disabled individuals, and survivors.