Use the Following Information for the Next 3 Questions

question 85

Multiple Choice

Use the following information for the next 3 questions.
Ricardo Company has three products, A, B, and C. The following information is available:
-Qualitative information used in a make or buy decision is least likely to include

• A) Reliability of the supplier
• B) Quality of the supplier's product
• C) Effect of purchasing a component on the company's long-term strategic plan
• D) None of the above (all are good examples of qualitative information)

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Definitions:

Export Supply

The quantity of goods or services available from a country for sale to other countries, directly related to national production capacities and international demand.

Protective Tariff

A tax imposed on imported goods to protect domestic industries from foreign competition by making the imported goods more expensive.

Tariff

A tax imposed by a government on goods and services imported from other countries.

Excise Tax

An indirect tax charged on the sale of a particular good or service, typically specific items such as alcohol, tobacco, and gasoline.