A marketplace where companies can buy and sell goods or services at lower prices is called a(n)___

Business-to-business e-commerce requires an effective website and:

A) a strong brand name B) financial incentives C) bonus merchandise D) cyberbait

Alpha Company uses its sales invoices for posting perpetual inventory records. Inadequate control activities over the invoicing function allow goods to be shipped that are not invoiced. The inadequate control activities could cause an:

A. overstatement of revenues and receivables and an understatement of inventory. B. understatement of revenues, receivables, and inventory. C. overstatement of revenues, receivables, and inventory. D. understatement of revenues and receivables and an overstatement of inventory.

Which of these is NOT one of the central factors determining the sustainability of a firm’s competitive advantage?

a. Durability b. Transparency c. Transferability d. Accessibility

Which of the following accounts does NOT belong in the liability section of a balance sheet?

A) short-term debt B) additional paid-in capital C) long-term debt D) accruals