Once an Organization Has Selected a Vendor,what Would Be the Next

question 109

Multiple Choice

Once an organization has selected a vendor,what would be the next step in managing outsourcing?

• A)cost-benefit analysis
• B)reviewing policies
• C)negotiating the contract
• D)monitoring the arrangement

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Definitions:

Boot

The remaining amount a buyer owes after the trade-in allowance when a fixed asset is traded in for a similar asset.

Accumulated Depreciation

Represents the total amount of depreciation expense that has been recorded for a fixed asset since it was put into use.

Intangible Assets

Assets that lack physical substance but possess value, such as patents, trademarks, and goodwill.

Research And Development

The investigative activities a business conducts to improve existing products and procedures or to lead to the development of new products and procedures.