_____ Will Influence a Buyer to Consider All Transactions with a Given

question 23

Multiple Choice

_____ will influence a buyer to consider all transactions with a given supplier on a global basis,to emphasise cost savings and minimise risk.

• A)Benefits sought
• B)Purchasing structure
• C)Average income
• D)Purchase influence

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Definitions:

Asset Turnover

A ratio that determines the competence of an organization in using its assets to generate income from sales.

Book Value

The net value of a company's assets minus its liabilities, often used to assess its equity value.

Intangible Asset

An asset that is not physical in nature, such as patents, copyrights, trademarks, and goodwill.

Depreciation Expense

An accounting method of allocating the cost of a tangible asset over its useful life to represent how much of the asset's value has been used.