Which of the Following Is Not an Effect That E-Commerce

question 80

Multiple Choice

Which of the following is not an effect that E-commerce has had on organizations?

• A) E-commerce enables smaller businesses to operate in areas dominated by larger companies.
• B) E-commerce increases the number of potential customers to whom the company can market its products.
• C) E-commerce is a costly medium for increasing market share.
• D) E-commerce removes many barriers for start-up businesses.
• E) E-commerce makes it easy to reach customers around the world.

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Definitions:

Scope Paragraph

A section of an auditor's report that describes the extent of the examination of the financial statements and the accounting principles applied.

GAAP

Generally Accepted Accounting Principles, which are a common set of accounting rules and standards used in the United States for financial reporting.

Internal Control

Systems and processes designed to ensure the reliability of financial reporting, compliance with laws and regulations, and effective and efficient operations.

Operating Segments

Components of a business for which separate financial information is available and evaluated regularly by the company's chief operating decision-maker in deciding how to allocate resources.