Which of the Following Is an E-Business Challenge

question 14

Multiple Choice

Which of the following is an e-business challenge?

• A) Improved information content
• B) Increased convenience
• C) Decreased cost
• D) Increasing liability

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Definitions:

Utilities Expense

The cost incurred by a business for the consumption of utilities services like electricity, gas, water, and sewage.

Accounts Payable

Liability accounts representing the amounts owed by a company to its suppliers or creditors for goods and services received.

General Journal

A journal used in accounting that records all day-to-day financial transactions in chronological order.

Unearned Legal Fees Revenue

Revenue recognized for legal services not yet provided; it is recorded as a liability until the service is delivered.