Which of the Following Allows Suppliers,shippers,and the Purchasing Firm to Communicate

question 103

Multiple Choice

Which of the following allows suppliers,shippers,and the purchasing firm to communicate with each other via the Internet with no time delay?

• A)electronic data interchange system
• B)data warehousing system
• C)batch processing system
• D)skills inventory system
• E)just-in-time inventory system

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Definitions:

Stock Split

An action by a company to increase the number of its outstanding shares by issuing more shares to current shareholders, thus reducing the price per share without changing the company’s market capitalization.

Common Stock

Represents ownership shares in a corporation, giving holders voting rights and a share in the company’s profits through dividends.

Market Price

Today's market price for trading an asset or service.

Journalize Entry

A process in accounting that involves recording transactions and financial events in a journal as part of the double-entry bookkeeping system.