Which of the Following Are Eligible Companies to Be Considered

question 80

Multiple Choice

Which of the following are eligible companies to be considered for the Baldrige award?

• A)Auditing firms
• B)Offshore suppliers to U.S.companies
• C)Firms operating only outside the U.S.
• D)State Government agencies
• E)None of these

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Definitions:

Accounts Payable Period

The average number of days it takes for a business to pay its suppliers, indicative of the company's payment policies and cash flow management.

Quarterly Sales

The total revenue a company generates from its business activities during a specific three-month period of the fiscal year.

Purchase Price

The amount of money paid to acquire a product or service.

Accounts Payable Period

The average period it takes a company to pay its invoices from suppliers and vendors.