Payment Processes for E-Commerce Transaction Are _______________ Due to _______________

question 74

Multiple Choice

Payment processes for e-commerce transaction are _______________ due to _______________ nature of the transactions taking place between the networked computer systems of buyers and sellers.

• A) Complex; the near-anonymous electronic
• B) Simple; the very specific manual
• C) Complex; the very specific manual
• D) Simple; the near-anonymous electronic

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Definitions:

Sales Discounts

A reduction in the price of goods or services offered to customers, usually as an incentive for early payment or bulk purchases.

Net Sales

The amount of sales generated by a company after deducting returns, allowances for damaged or missing goods, and discounts.

Account Receivable

Accounts Receivable are amounts owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.

Write Off

An accounting action taken to recognize that an asset has lost its value and is removed from the balance sheet.