Which of the Following Is Not an Aspect to Be

question 11

Multiple Choice

Which of the following is not an aspect to be considered in a purchasing Audit? 

• A) Vendor rankings. 
• B) Goal orientation. 
• C) Client orientation. 
• D) Risk.

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Definitions:

Gross Margin

The difference between sales and the cost of goods sold, which measures the profitability of the products sold before other expenses are deducted.

Net Income

The total profit of a company after all expenses and taxes have been deducted from total revenues.

Income From Operations

Earnings generated from a company's regular business activities, excluding revenues and expenses from non-operating activities.

Sales

The total revenue generated from goods or services sold by a company during a specific period, indicating the primary source of business income.