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Boston University Metropolitan CollegeBusiness Data Communication and Networks MET CS 625 BHA, Course Format (InClass/Offsite), Spring 2018 Dr. Bhumip K.Instructor Dr. Bhumip Khasnabish, PhD, AMCPM
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Business data communication refers to the exchange of data and information between businesses through various communication channels, ensuring accurate and timely sharing of business-related information.
Who is required to file business data communication and?
Businesses that engage in certain types of transactions or reporting obligations, as specified by regulatory agencies, are required to file business data communication.
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The purpose of business data communication is to maintain transparency, compliance, and efficient operations by ensuring that necessary information is communicated accurately between businesses and regulatory bodies.
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The information that must be reported typically includes business identification details, transaction data, financial metrics, and any other relevant data as mandated by the regulatory guidelines.
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