One of the key advantages of an EDI (Electronic Data Interchange) system is:
A) it allows easy access to all company data to vendors.
B) its transaction formats are universal.
C) it allows third-party transmission connections to company data.
D) it saves both time and money by using different languages.
E) vendors receive orders by voice mail.
B
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A company's five-day weekly payroll of $890 is paid on Fridays. Assume that the last day of the month falls on Tuesday. Which of the following is the required adjusting entry for the month end?
A) Debit Salaries Payable $534 and credit Salaries Expense $534. B) Debit Salaries Expense $534 and credit Salaries Payable $534. C) Debit Unpaid Salaries $356 and credit Salaries Payable $356. D) Debit Salaries Expense $356 and credit Salaries Payable $356.
Which is NOT true of visual aids in reports?
A. they should clarify the information in the report B. they should be referred to in the text C. abbreviations should not be used D. tables and figures are numbered as separate series
A ______ handles the financial transaction for issuing the digital license to the consumer and pays royalty fees to the content provider and distribution fees to the distributor accordingly
What will be an ideal response?
Which of the following acts regulates the secondary market?
A) The Securities Act of 1933 B) The Gramm-Leach-Bliley Act C) The Securities Exchange Act of 1934 D) The Glass-Steagall Act