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Hank Works at a Large Electronics Firm

question 83

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Hank works at a large electronics firm. He needs a new type of software and sends in a purchasing request. The request gets approved. Gillian works as a purchasing agent and is in charge of selecting the suppliers and negotiating the terms of purchase. However, before she does so she consults with Paul, an engineer who works in IT and is highly familiar with the latest software. In this case, Hank is the ___________, Gillian is the _______________, and Paul is the _____________.


Definitions:

Bonus

Extra payment awarded to employees as an incentive or reward beyond their normal compensation.

Net Assets

The total assets of an entity minus its total liabilities.

Capital Account

Part of a country's balance of payments, it records the net change in ownership of national assets.

Interest

The cost of borrowing money or the return on investment for savings and loans, expressed as a percentage.

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