Which of the Following Is the Means by Which Companies

question 30

Multiple Choice

Which of the following is the means by which companies post purchase requests online and invite suppliers to bid for their business?

• A) extranet links
• B) intranet connections
• C) trading exchanges
• D) traditional procurement
• E) reverse auctions

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Definitions:

Factory Superintendent's Salary

A component of manufacturing overhead costs, representing the compensation paid to the individual overseeing factory operations.

Absorption Costing

The reporting of the costs of manufactured products, normally direct materials, direct labor, and factory overhead, as product costs.

Factory Superintendent's Salary

An operational cost, this is the compensation paid to the individual responsible for overseeing the production in a manufacturing plant.

Property Taxes

Levies imposed by a government on real estate or other property, based on the property's value.