Which of the Following Activities Are Responsibilities of a Supplier

question 113

Multiple Choice

Which of the following activities are responsibilities of a Supplier Manager? 1) Negotiating and agreeing Contracts 2) Updating the Supplier and Contract database 3) Planning for possible closure, renewal or extension of contracts 4) Managing relationships with internal suppliers

• A) 1, 2 and 3 only
• B) 1, 3 and 4 only
• C) 2, 3 and 4 only
• D) None of the above

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Definitions:

Tax Rate

The proportionality of income subject to tax for either a person or a business.

Discount Rate

This refers to the interest rate applied for computing the present value of forthcoming cash flows in the context of discounted cash flow analysis.

Present Value

The current valuation of future monetary sums or cash flow streams, using a given return rate for discounting.

Capital Cost Allowance (CCA)

A taxable expense in Canada that a business can claim for the depreciation of tangible property.