Which of the following best defines electronic data interchange (EDI) transaction?
A. Electronic business information is exchanged between two or more businesses.
B. Customers’ funds-related transactions are electronically transmitted and processed.
C. Entered sales data are electronically transmitted via a centralized network to a central processor.
D. Products sold on central Web servers can be accessed by users anytime.
Answer:A
A is correct. Electronic data interchange involves the electronic exchange of business transaction data in a standard format from one entity’s computer to another entity’s computer.
B is incorrect. It is electronic funds transfer.
C is incorrect. It is a computer network.
D is incorrect. It defines an Internet electronic commerce system.