A technology that is used to electronically transfer routine documents,such as invoices and purchase orders,and for financial transactions is ________.
A)electronic funds transfer (EFT)
B)exchange-to-exchange
C)electronic data interchange (EDI)
D)peer-to-peer

Question

Quizplus · Accepted Answer

Electronic data interchange (EDI) is a technology used to electronically transfer routine documents such as invoices, purchase orders, and other financial transactions between businesses. It ensures faster and more accurate data transfer and reduces the need for manual data entry. EDI operates on a standard format that enables different businesses to communicate and exchange data electronically.

A Technology That Is Used to Electronically Transfer Routine Documents,such