The Main Objectives of _____ Are to Prevent Purchases from Suppliers

question 98

Multiple Choice

The main objectives of _____ are to prevent purchases from suppliers that are not on the approved list of sellers and eliminate the processing costs of purchases.

• A) horizontal markets
• B) e-procurement
• C) third-party exchange marketplaces
• D) trading partner agreements

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Definitions:

Straight-Line Depreciation

A technique for distributing the expense of a physical asset evenly over its lifespan on an annual basis.

Sewing Machines

Mechanical or electromechanical devices used to stitch fabric and other materials together with thread.

Hourly Wages

Compensation paid to employees based on the number of hours worked, often set at a fixed rate per hour.

Sewing Machine Operators

Sewing machine operators are skilled workers who operate sewing machines to join, reinforce, decorate, or perform related sewing operations in the manufacturing of garment or non-garment products.