EDI (Electronic Data Interchange)allows _________

question 99

Multiple Choice

EDI (electronic data interchange) allows _________.

• A) Companies to talk to each other daily
• B) Customer computers to communicate directly with supplier computers
• C) Computers to fulfill the buying center function
• D) Computers to do complex product evaluation with limited human involvement
• E) All of the above

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Definitions:

Annuity A

Represents a financial product that promises to pay the holder a fixed stream of payments over a specified period of time.

APR

Annual Percentage Rate, a measure used to calculate the cost of borrowing, including interest and other fees, shown as a yearly rate.

EAR

Ear is the acronym for Effective Annual Rate, which measures the real return on an investment or the real interest rate on a loan, accounting for compounding over a specified period.

Monthly Stream

A monthly stream often refers to consistent or recurring flows of income, payments, or data that occur every month.