The Process of Building Auction Applications Is Complex for All

question 10

Multiple Choice

The process of building auction applications is complex for all of the following reasons except:

• A)The number of needed features can be very large.
• B)Auctions must be integrated with the back-end offices.
• C)Auctions must be integrated with the legacy systems of participating companies.
• D)Auctions must provide payment systems.

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Definitions:

Aging Schedule

A report listing unpaid customer invoices and unused credit memos by date ranges, used to manage and monitor credit and collections.

Average Collection Period

The average number of days it takes for a business to receive payments owed by its clients.