Which of the Following Is Not a Critical Issue for a Company

question 7

Multiple Choice

Which of the following is not a critical issue for a company whose management intends to engage in e-commerce?

• A) privacy
• B) credit card fraud in developing countries
• C) ensuring that logos and other brand identity elements are consistent with local preferences
• D) ensuring a company's ASCII system supports a particular language
• E) the availability of hot spots for Wi-Fi

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Definitions:

Canadian GAAP

Generally Accepted Accounting Principles in Canada, a set of accounting standards and practices used in Canada to govern financial reporting.

Financial Information

Data pertaining to the monetary performance, status, and outlook of an entity, encompassing everything from balance sheets to income statements.

Materiality

A concept in accounting and auditing that refers to the significance of transactions, balances, or errors which could influence the economic decisions of users reading a company's financial statements.

Verifiability

Verifiability in accounting means information in financial statements can be confirmed or corroborated by independent parties using the source documents.