When a Company Deals with Obtaining Raw Materials,parts,and Supplies Needed

question 21

Multiple Choice

When a company deals with obtaining raw materials,parts,and supplies needed to perform the operations function,the company is developing its ________ strategy.

• A) operations
• B) purchasing
• C) R&D
• D) financial
• E) human resource management

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Definitions:

Probate

The legal process of verifying a deceased person's will and administering their estate.

Personal Exemption

A specific amount that taxpayers could previously subtract from their gross income for themselves and each of their dependents. Note: As of my last update, changes in tax law may have affected this term.

Estate Income Tax

A tax imposed on the income generated by an estate during the period of administration.