Electronic Data Interchange (EDI)has Changed What Issue in Incoterms

question 42

Multiple Choice

Electronic Data Interchange (EDI) has changed what issue in Incoterms?

• A) who pays for insurance
• B) who pays for import clearance
• C) documentation of delivery
• D) All of the above.
• E) None of the above.

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Definitions:

Declaration

An official statement or announcement, often related to legal or financial matters.

Investing Section

A part of the cash flow statement that reports the purchase and sale of long-term investments and property, plant, and equipment.

Repayments of Bonds

This concerns the act of returning borrowed funds to bond investors at the agreed-upon maturity date, usually including both principal and interest payments.

Statement of Cash Flows

A financial report that shows the cash inflows and outflows for a company over a specific period, indicating how it sources and uses cash.