To Date,e-Commerce Has Had Less Impact on Accounts Payable and Accounts

question 60

True/False

To date,e-commerce has had less impact on accounts payable and accounts receivable than on procurement and inventory tracking.

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Definitions:

Tariff

A tax imposed by a government on goods and services imported from other countries, used to restrict trade by increasing the price of imported goods and services.

Quota

A government-imposed trade restriction limiting the number or monetary value of goods that can be imported or exported during a particular period.

Domestic Producers

Manufacturers or producers that operate within a country's borders, contributing to the domestic economy.

Domestic Consumers

Individuals or households within a country that consume goods and services in their domestic market.