The Movement of Business Data Electronically Between or Within Firms

question 30

Multiple Choice

The movement of business data electronically between or within firms in a structured, computer-processable data format is known as

• A) decentralization.
• B) globalization.
• C) Electronic Data Interchange.
• D) routine transfers.

Explain the role of cognitive processes in language acquisition.

Identify how cultural and social contexts influence language development.

Understand the role of biological factors in language acquisition.

Describe the process and significance of inner speech according to Vygotsky.

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Definitions:

Periodic Inventory System

An accounting method where inventory and its cost of goods sold are determined at the end of an accounting period based on a physical count.

Balance Sheet

A financial statement that provides a snapshot of a company’s financial condition at a specific point in time, detailing assets, liabilities, and shareholders' equity.

Purchases Returns

Goods returned to the supplier from the buyer, often due to defects, inaccuracies, or other issues.

Purchases Discounts

Discounts taken by the buyer for early payment of an invoice.