Any Activity That Uses Some Form of Electronic Communication in the Inventory

question 161

Multiple Choice

Any activity that uses some form of electronic communication in the inventory, exchange, advertisement, distribution, and payment of goods and services is referred to as

• A)electronic commerce.
• B)an Internet relationship.
• C)intranet commerce.
• D)electronic partnering.
• E)extranet commerce.

---

Definitions:

Meeting With Clients

A scheduled gathering between a service provider or business representative and one or more clients to discuss services, products, or other business matters.

Activity Cost Pools

Groups of indirect cost resources that are allocated to products and services using a cost driver.

Legal Firm

A business that provides legal services and is staffed by lawyers.

Activity-Based Costing

A method of allocating overhead and indirect costs to specific products or projects based on their use of resources.