E-procurement typically occurs between businesses only

Indicate whether the statement is true or false

TRUE
Explanation: Electronic procurement, or e-procurement, occurs when one business sells a product or service to another business over the Internet.

Business

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A business renders services to its customer for $50,000 on account. Record the transaction in the journal

What will be an ideal response

Business

________ provides individuals within an organization with the financial information needed to make good business decisions.

Fill in the blank(s) with correct word.

Business