________ Involves Systematically Developing Networks of Supplier-Partners to Ensure a Dependable

question 69

Multiple Choice

________ involves systematically developing networks of supplier-partners to ensure a dependable supply of products and materials for use in making products or reselling them to others.

• A) Supplier development
• B) Business buying
• C) Supplier quality assurance
• D) Relationship management
• E) Executive development

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Definitions:

Internal Control

Procedures and policies implemented by a company to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.

Signature Card

A document that a bank keeps on file with the signatures of all the authorized signatories for an account.

Bank Checking Account

A bank account that allows for numerous withdrawals and deposits, often used for daily transactions.

Pre-Printed Checks

Checks printed by the bank or another provider with the payer’s account information before the payer fills in the details of the payee, amount, and signature.