Electronic Data Processing Questions and Answers

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Q11
In the Pre-Contractual Phase
  • A The buyer and seller are concerned with the gathering of market intelligence
  • B a format 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, and offer), and acknowledgement by the seller of its preparedness to deliver (in contractual 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: Option A
Q12
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.
Answer: Option B
Q13
A physical item is one which may be deliverd or performed
  • A entirey through a telecommunications network
  • B involves logistical activities such as the transportation of goods, or of the person and/or facilities whereby the service will be performed.
Answer: Option B
Q14
In ordering 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), of its preparedness to deliver (in contractual terms, an acceptnce).
  • 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: Option C
Q15
Services are referred as
  • A an identifiable physical entity
  • B an act, which is 'performed'
  • C (A) and (B) both false
  • D (A) and (B) both true
Answer: Option B
Q16
In Logistics Phase
  • A the buyer and seller are concerned with the g athering 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 contractural 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 insection, and acceptance or rejection.
Answer: Option D
Q17
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 f purchase orders (or, in contractual terms, an offer), and acknowledgement by the seller of its preparedness to deliver (in contractual terms, an acceptance
Answer: Option A
Q18
Goods are referred as
  • A an identifiable physical entity
  • B an act, which is 'performed'
  • C (A) and (B) both true
  • D None is true
Answer: Option A
Q19
A digital item is one which may be delivered or performed
  • A entirely through a telecommunications network
  • B involves logistical activites such as the transportation of goods, or of the person and/or facilities where by the service will be performed
  • C (A) and (B) both false
  • D None is true
Answer: Option A
Q20
An audio-CD is
  • A a physical good
  • B a digital good
  • C (A) is false, (B) is true
  • D (A) and (B) both true
Answer: Option A

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