Which of the Following Statements About M-Commerce Is Not True

question 32

Multiple Choice

Which of the following statements about m-commerce is not true?

• A) In 2015, m-commerce represented about 25 percent of all e-commerce.
• B) M-commerce is the fastest growing form of e-commerce.
• C) In 2015, in-app sales to mobile devices account for about $9 billion in m-commerce revenues.
• D) In 2015, the main areas of growth are in mass market retailing and location-based services.
• E) In 2015, m-commerce generated over $75 billion in revenue.

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Definitions:

Indirect Method

In cash flow calculation, this method adjusts net income for non-cash transactions and changes in working capital to arrive at net cash provided by operating activities.

Net Loss

The negative financial result that occurs when a company's expenses exceed its revenues.

Merchandise Inventories

Goods purchased and held for resale by a business, including products available for sale and items in the process of production for sale.

Direct Method

A way of preparing the cash flow statement where actual cash flow information from the company's operating activities is used, as opposed to the indirect method.