A Condition Under Which a Supplier Appearing on the Customer

question 12

Multiple Choice

A condition under which a supplier appearing on the customer 's "OK to buy from" list would not be issued an order would be:

• A) Item needed is not available from any of OK'd suppliers. II. Supplier 's quality rating has dropped below acceptable standards on last two shipments. III. OK'd supplier does not have the capacity to fulfill the customer 's demands for the item needed. IV. One or more factors from the selection criteria will not now be met by the supplier.
• B) I and III only
• C) I and II only
• D) I, II, and III only
• E) I, II, III, and IV

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Definitions:

Stock Split

A corporate action where a company divides its existing shares into multiple shares to boost the liquidity of the shares.

Common Stock

A form of corporate equity ownership, representing a claim on a portion of a company’s profits and assets.

Par Value

Par value is the nominal or face value of a bond, stock, or other security, as stated by the issuing company in its charter.

Treasury Stock

Shares that were issued and subsequently reacquired by the issuer, not considered when calculating earnings per share or dividends.