E COMMERCE CERTIFICATION TEST PAPER VERIFIED QUESTIONS AND SOLUTIONS GRADED A+

E COMMERCE CERTIFICATION TEST PAPER
VERIFIED QUESTIONS AND SOLUTIONS
GRADED A+

●● A transaction is an exchange of value, such as a purchase, a sale, or
the conversion of raw materials into a finished product.
Answer: True


●● All the activities associated with a transaction result in measurable
and recordable transactions.
Answer: False


●● Transferring funds, placing orders, sending invoices, and shipping
goods to customers are all types of activities or transactions.
Answer: True


●● Business-to-business electronic commerce occurs when a person
sells an item through a Web auction site to another person.
Answer: False


●● The U.S. government is one of the largest electronic data interchange
(EDI) trading partners in the world.
Answer: True

, ●● A problem that EDI pioneers faced was the high cost of
implementation.
Answer: True


●● Value-added networks are leased telephone lines that establish direct
network connections to all trading partners of an organization
Answer: False


●● The increase in broadband connections in homes is a key element in
the B2C component of the second wave.
Answer: True


●● In some cases, business processes use traditional commerce activities
very effectively, and technology cannot improve them.
Answer: True


●● Irrespective of the transferability of merchandising skills to the Web,
products are difficult to sell on the Web.
Answer: False


●● A commodity item is a product or service that is hard to distinguish
from the same product or service provided by other sellers.
Answer: True