Which of the Following Is the Main Reason for 'Single

question 57

Multiple Choice

Which of the following is the main reason for 'Single Sourcing'? 

• A) Contractual obligations. 
• B) The number of suppliers. 
• C) The technical specifications of the good or service to be purchased. 
• D) The price.

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Definitions:

Expenses

The costs incurred in the process of earning revenue, including operating costs, taxes, interest, and cost of goods sold.

Cash Investments

Funds placed into financial instruments or assets with the expectation of preserving capital and generating a return.

Capital

The wealth in the form of money or assets owned by an individual or organization, available for investment.

Assets

Resources owned or controlled by a business that are expected to bring future economic benefits.