____________ systems are utilized by large companies for the efficient procurement of products by facilitating the exchange documents with established and authorized vendors.
A)EFT
B)E-commerce
C)EDI
D)E-procurement

Question

Quizplus · Accepted Answer

EDI (Electronic Data Interchange) systems are specifically designed for facilitating the exchange of procurement-related documents such as purchase orders, invoices, and payment information between companies and their authorized vendors. EFT (Electronic Funds Transfer) is a payment mechanism, while e-commerce and e-procurement are broader terms that encompass a range of online buying and selling activities. Therefore, the best choice is C - EDI systems.

____________ Systems Are Utilized by Large Companies for the Efficient