Mobile Commerce (M-Commerce) Is the Use of Mobile, Wireless Devices

question 54

True/False

Mobile commerce (m-commerce) is the use of mobile, wireless devices to place orders and conduct business.

---

Definitions:

Operating Expense

Expenses incurred during the normal operation of a business, excluding costs related to production or direct services.

Allowance for Doubtful Accounts

A contra-asset account that estimates the amount of receivables that may not be collectible.

Accounts Receivable

Funds that are owed to a company by customers for goods or services delivered or used but not yet paid for.

Bad Debt Expense

An expense recognized when a company determines that a customer's debt is no longer collectible.