A Company Can Reduce Its Costs by Using Ebusiness to Change

question 20

Multiple Choice

A company can reduce its costs by using ebusiness to change its business processes.Which of the following does not represent an example of how a company can reduce its costs through ebusiness?

• A) Creating an online travel reservation.
• B) Ordering a product online.
• C) Researching products to find the lowest price and visiting the store to purchase the item.
• D) All of these.

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Definitions:

Equality

In accounting, the concept that the sum of debits must equal the sum of credits in a transaction.

Subsidiary Ledger

A detailed ledger that contains all the transaction details of a specific account, which is summarized in the general ledger.

Accounts Payable

Liabilities or money owed by a company to its creditors or suppliers for goods and services received but not yet paid for.

General Ledger

A comprehensive record of all financial transactions that occur within a company, organized by account.