Ariba Is an Example of A(n)________

question 75

Multiple Choice

Ariba is an example of a(n) ________.

• A) e-distributor
• B) portal
• C) e-procurement firm
• D) Industry consortium

---

Definitions:

Effective Annual Rate

The interest rate on an investment or loan that is annualized, taking compounding into account.

Compounded Quarterly

Refers to the calculation of interest on a principal amount, where the interest is added back to the principal sum after each quarter, leading to interest being calculated on a new, higher total.

Average Rate

Typically refers to the mean value of a series of rates (such as interest or exchange rates) over a specified period of time.

Investment Account

A type of financial account that holds investments such as stocks, bonds, mutual funds, and ETFs, often managed by financial institutions or individuals to meet long-term financial goals.