A(n)____ Is a Request for a Formal Price Quotation on a List

question 20

Multiple Choice

A(n) ____ is a request for a formal price quotation on a list of hardware and software.

• A) RFP
• B) BDG
• C) RFQ
• D) SDLC

---

Definitions:

Retained Earnings

The portion of net income that is not distributed to shareholders as dividends but is retained by the company for reinvestment.

Assets

Economic resources owned by a business or company that are expected to provide future benefits or value.

Par Value

The nominal or stated value of a stock or bond, set by the issuing company and not necessarily indicative of the market value.

Paid-In Capital

Funds raised by a company through the issue of securities to investors, representing the capital provided by shareholders in exchange for shares of stock.