After Posting an RFP for Telecommunications Equipment,USF Corporation Received Six

question 39

Multiple Choice

After posting an RFP for telecommunications equipment,USF Corporation received six proposals from qualified vendors.Next,USF will

• A) recognize obstacles that must be circumvented.
• B) reevaluate the firm's needs.
• C) give one vendor a purchase order.
• D) conduct vendor analysis.
• E) evaluate the proposals and narrow the choice to a few suppliers.

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Definitions:

Cash Receipts

Money received during a period, especially in relation to business transactions.

Cash Payments

Transactions in which payment for goods, services, or obligations is made in cash at the time of the transaction or shortly thereafter.

Financing Activities

Transactions involving external sources of funding, including equity, debt, dividends, and repayment of loans, that are reported in the cash flow statement.

Cash Dividends

payments made to shareholders out of a company’s profits, distributed as cash.