Multiple Choice
Important characteristics of electronic data interchange (EDI) include all of the following, except:
A) Sales register is used to record all transactions.
B) Inter-company refers to two or more companies conducting business electronically.
C) Computer-to-computer aspect indicates that each company's computers are connected via a network.
D) A standard business format is necessary so that companies can interact and trade with a variety of buyers and sellers.
Correct Answer:

Verified
Correct Answer:
Verified
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Q51: This item documents the quantities and descriptions
Q52: This document is prepared and sent to
Q53: The sales and cash collections process begins
Q54: This term refers to moving the current
Q56: The security of having cash receipts deposited
Q57: A _ is a credit to the
Q58: The terms of agreement between the company
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