Electronics Data Processing Practice Questions Answers Test With Solutions & More Shortcuts

Question : 11

In Contractual Phase

a) the buyer and seller are concerned with the gathering of market intelligence.

b) a formal relationship is established between buyer and seller, including terms and conditions to be applied to transactions under the contract.

c) this involves the placement and processing of purchase orders (or, in contractual terms, an offer), and acknowledgement by the seller of its preparedness to deliver (in contractual terms, an acceptance).

d) deals with the delivery of goods and/or the performance of services. In addition, some post-delivery functions may be involved, in particular inspection, and acceptance or rejection.

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Question : 12

It refers to a particular family of standards for expressing the structured data that represent electronic commerce transactions; and ‘electronic auctions for a particular set of mechanisms for setting prices.

a) Electronic data interchange (EDI)

b) Electronic Publishing

c) Electronic Services Delivery (ES(D)

d) None of these

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Question : 13

A computer can be joined to more than one network through

a) Gateways

b) Passages

c) Connector

d) None of these

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Question : 14

In Settlement Phase

a) the goods or services are paid for. Relevant transactions include invoicing, payment authorisation, payment, and remittance advice transmission.

b) the buyer and seller are concerned with the gathering of market intelligence.

c) a formal relationship is established between buyer and seller, including terms and conditions to be applied to transactions under the contract.

d) this involves the placement and processing of purchase orders (or, in contractual terms, an offer), and acknowledgement by the seller of its preparedness to deliver (in contractual terms, an acceptance).

Answer »

Question : 15

In Logistics Phase

a) the buyer and seller are concerned with the gathering of market intelligence.

b) a formal relationship is established between buyer and seller, including terms and conditions to be applied to transactions under the contract.

c) this involves the placement and processing of purchase orders (or, in contractual terms, an offer), and acknowledgement by the seller of its preparedness to deliver (in contractual terms, an acceptance).

d) deals with the delivery of goods and/or the performance of services. In addition, some post-delivery functions may be involved, in particular inspection, and acceptance or rejection.

Answer »