A Large Cosmetics Company Wants to Create a Web Site

question 55

Multiple Choice

A large cosmetics company wants to create a Web site to sell their cosmetics. They want their people trained to maintain the Web site and work with search engines. They also want an extranet created as well as internal networking facilities for conferencing established. Basically, the organization has been a laggard and wants to leap into the technological world. Because the tasks the company wants will require several different experts, it has outsourced the purchase of these services to Maxwell Consultants who will find and hire the people the cosmetics company needs. Maxwell will stay on the job until the company is satisfied. Maxwell Company will act as a(n) :

• A)in-house talent agency
• B)network seller
• C)decentralized purchasing corporation
• D)systems integrator
• E)functional supplier

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Definitions:

Current Financial Resources

Refers to the liquid assets available to a company for use in its immediate or short-term operations, including cash and other assets that can be quickly converted into cash.

Government-Wide Financial Statements

Comprehensive financial reports that encompass all the financial activities of a government entity and its component units.

GAAP-Based Financial Statements

Financial statements prepared according to Generally Accepted Accounting Principles, which serve as the standard framework of guidelines for financial accounting.

Permanent Fund

A lasting fund created to support specific public purposes, generating income while preserving the principal amount.