Central Processing Corporation and Digital Data,Inc

question 59

Multiple Choice

Central Processing Corporation and Digital Data,Inc. ,enter into a con?tract online in a state that has enacted an unmodified version of the UETA.With regard to the E-SIGN Act

• A)the E-SIGN Act does not preempt this version of the UETA.
• B)the E-SIGN Act preempts this version of the UETA.
• C)the two acts "cancel" each other's application.
• D)none of the choices.

---

Definitions:

Percentage Breakdown

A method of expressing components of a whole as percentages to show their relative sizes or contributions to the total.

Accounting Process

A systematic series of actions to record, summarize, and report the financial transactions of a business over a period, resulting in the preparation of financial statements.

Journals

Official records where business transactions are entered before they are transferred to accounts in the general ledger.

Ratios

Quantitative relationships between two or more values, often used for financial analysis, to assess the performance, health, and prospects of a business.