Which Type of E-Commerce Occurs When an Individual Sells Products

question 18

Multiple Choice

Which type of e-commerce occurs when an individual sells products and services to a business?

• A) C2B
• B) B2C
• C) B2B
• D) C2C

Understand the difference between direct and indirect materials and their role in manufacturing.

Comprehend the impact of technology on manufacturing processes, particularly on direct labor and material costs.

Identify components of product costs including direct materials, direct labor, and manufacturing overhead.

Distinguish between manufacturing costs (direct materials, direct labor, and overhead) and non-manufacturing costs (period costs).

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Definitions:

Pension Plan

A retirement plan that requires an employer to make contributions into a pool of funds set aside for a worker's future benefit.

Annual Pension Benefit

The amount of money an individual receives annually from their retirement plan after retiring.

Variable Component

A cost or expense that changes in proportion to changes in a business’s activity level.

Payroll System

A system used by companies to organize, calculate, and process payments to employees for their services.