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Which ONE of the following statements is FALSE? a. All international commerce agreements should contain clauses detailing which currency is to be used. Since currency
Which ONE of the following statements is FALSE? a. All international commerce agreements should contain clauses detailing which currency is to be used. Since currency conversion rates change hourly, these agreements have to be specific. b. EDI is not compatible with EFT. c. A common network in business involves the employer telling worker info and hours worked to ADP. ADP calculates lots of numbers, does direct deposit of the net for each employee to their bank, sending info to the IRS, and printing paystubs and W-2 at the end of the year. Then ADP sends info to the PENSION company and to the MEDICAL INSURANCE provider. d. EDI reduced the amount of manual labor, errors, and mailings involved in B2B
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