E-commerce Technology and Practices

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ShinyAntigorite1922
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15 Questions

What technologies does e-commerce draw on?

Electronic funds transfer, supply chain management, and online transaction processing

Who coined the term 'e-commerce'?

Robert Jacobson

What is the largest sector driving e-commerce?

Semiconductor industry

Which of these is a typical e-commerce transaction?

Purchasing products such as books from Amazon

What are the three areas of e-commerce?

Online retailing, electronic markets, and online auctions

What is the primary purpose of bookkeeping?

Recording financial transactions

What are the two standard methods of bookkeeping mentioned in the text?

Single-entry and double-entry bookkeeping

Who is usually responsible for performing bookkeeping functions in an organization?

Bookkeeper

What kind of records are included in daybooks prepared by a bookkeeper?

Records of sales, purchases, receipts, and payments

What can an accountant create from the information recorded by the bookkeeper?

Financial reports

What does bookkeeping involve?

Recording financial transactions

What are the standard methods of bookkeeping mentioned in the text?

Single-entry and double-entry bookkeeping systems

Who is usually responsible for performing bookkeeping functions in an organization?

Bookkeeper

What can an accountant create from the information recorded by the bookkeeper?

Financial reports

What is the origin of book-keeping according to recent research?

'Lost in obscurity'

Test your knowledge about the technologies and practices involved in e-commerce, including electronic funds transfer, supply chain management, online marketing, and more.

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