A Vendor Certification

question 18

Multiple Choice

A vendor certification:

• A)has no effect on an IT worker's salary and career prospects.
• B)usually does not require the purchase of expensive training material and course instruction.
• C)may focus too narrowly on the technical details of the vendor's technology.
• D)requires vendors to pass lengthy essay exams.

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Definitions:

Accrued Interest

Interest that has accumulated on a loan or bond since the last payment date but has not yet been paid out.

Commission

A fee paid to an agent or employee for transacting a sale, which is typically a percentage of the sale price.

Accrued Interest

Interest that has accumulated over a certain period but has not yet been paid or received.

Interest Rate

The percentage of a sum of money charged for its use, determining the cost of borrowing or the return on savings.