Which of the Following Is NOT a Reason for Supplier

question 34

Multiple Choice

Which of the following is NOT a reason for supplier phase out?

• A)More reliable suppliers are made available.
• B)The supplier is bankrupted.
• C)The risks associated with doing business with the supplier can be mitigated.
• D)More suppliers with better technology or processes are made available.

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Definitions:

Accounts

Financial records that track the financial transactions and positions of a business, including assets, liabilities, revenue, and expenses.

Balances

The amount of money or value remaining in financial accounts, such as in banking or accounting.

December 31

The last day of the year, commonly used as a cutoff date for accounting and financial reporting purposes.

Reported

Refers to the provision of formal statements or accounts of financial activities or conditions.