Which of the Following Disciplines Is Involved in Public Procurement

question 53

Multiple Choice

Which of the following disciplines is involved in public procurement? 

• A) Psychology. 
• B) Public administration. 
• C) Sociology. 
• D) Chemistry.

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Definitions:

Contract Rate

The agreed-upon rate specified in a contract for services to be performed or for goods to be supplied.

Premium

The amount paid for an insurance policy or an amount paid over the face value of bonds.

Debt-To-Equity Ratio

A financial benchmark that shows the ratio between debt and shareholders' equity in asset financing.

Prepaying Bonds

The action of repaying the principal of a bond before its maturity date, often as a way to manage debt or save on interest costs.