With the Consolidation/aggregation Method of an Electronic Bill Presentment and Payment

question 77

True/False

With the consolidation/aggregation method of an electronic bill presentment and payment (EBPP) system, a company sends its bills to a third party service that posts those bills, along with bills from several other companies, to its Web site.Customers then go to that site to pay bills from a number of companies.

---

Definitions:

Movie Theatres

Venues equipped with a screen for exhibiting films to audiences, providing a range of visual and auditory experiences.

Natural Monopolist

A single firm that can supply a product or service to an entire market at a lower cost than two or more firms, due to economies of scale.

Marginal Cost

The increase in expense a business incurs by manufacturing one more unit of an item.

Subsidize

The act of providing financial assistance or support, typically by the government, to reduce the cost of producing goods or services.