________ is a part of the XML family of standards that is used to describe online resources and their properties for the semantic web
A) RDF
B) P3P
C) OWL
D) SRGS
A
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An electronic bridge between partner companies in a supply chain that is used to transmit real-time information about orders, inventories, invoices, and other data is called ________
A) electronic market B) financial network C) expense and cost recovery system D) electronic data interchange
Firms extending credit to customers should
a. strive for zero uncollectible accounts to eliminate the need for establishing a bad debt expense and maintaining an allowance for uncollectible accounts. b. grant credit indiscriminately otherwise the firm may be charged with discrimination in the granting of credit and could be found to be in violation of Federal laws. c. grant credit to a given group of customers whenever the amount collected from the credit sales to that group exceeds the cost of goods sold and the other costs of serving that group. d. should ignore collection efforts aimed at those customers who have not paid their bills because the cost of staffing and maintaining a collection department are never cost effective. e. none of the above.