1

All of the following statements are true, except:

In the E-R diagram for OE/S, SHIPMENTS generate the SALES_INVOICES.

None of these answers are correct.

The ACH network electronically transfers funds by crediting the collector's bank account and debiting the payer's bank account for the amount of a payment.

In a balance-forward accounts receivable system, customer statements display previous balance, payments, and balance forward to which are added any new charges to derive the total balance due.

A customer acknowledgement is sent to the billing department to notify them of a pending shipment.

2

In ERP processing systems, _____________ applications can handle both B2B and B2C business transactions.

CRM

sell-side

buy-side

None of these answers are correct.

E-business