__________________________ Is an Umbrella Term That Applies to Various Location-Aware

question 114

Multiple Choice

__________________________ is an umbrella term that applies to various location-aware technologies that allow devices to communicate securely with each other over short distances. It is used, for instance, to allow people to make purchases with their smart-phones.

• A) GPS technology
• B) Location sensitive apps
• C) Geo-location technology
• D) Near-field communications

---

Definitions:

Subsidiary Ledger

A detailed ledger that contains the individual accounts related to a specific category, supplementing the general ledger.

Consignment

An arrangement where goods are left with a third party to sell, but ownership remains with the supplier until the goods are sold.

Consignee

The retailer in a consigned inventory arrangement.

Retailer

A business entity that sells goods or services directly to consumers through various distribution channels to earn a profit.