Many Suppliers Are Adopting ISO 9000 Standards Because

question 72

Multiple Choice

Many suppliers are adopting ISO 9000 standards because:

• A) customer satisfaction surveys indicate retail customers prefer ISO certified suppliers.
• B) it is the latest fad that adds value according to customer perception.
• C) they want to be perceived as eco-friendly.
• D) the WTO expects international suppliers to conform to ISO standards.
• E) manufacturers are requiring them to do so.

---

Definitions:

Interest Accrual

The process of recognizing interest expenses or interest income that has been incurred but not yet paid or received in cash.

Interest Payment

The amount paid by a borrower to a lender for the privilege of borrowing money, typically expressed as an annual percentage of the principal.

Stated Interest

The fixed interest rate a bond or loan specifies will be paid to the lender by the borrower.

Bond Issuance

The process by which a borrower issues bonds to investors as a way to raise capital by incurring debt.