Which of the Following Is Not One of the Advantages

question 51

Multiple Choice

Which of the following is not one of the advantages of a rationalized and optimized supply base?

• A)Buying from world-class suppliers.
• B)Use of full-service suppliers.
• C)Lower supply base administrative costs.
• D)Reduction of supply base risk.
• E)Absence of competition.

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Definitions:

Ledger Account

A record or statement that summarizes all the transactions relating to a particular item or entity in the accounting process.

Journal Page

A journal page refers to a sheet or electronic page in an accounting ledger where financial transactions are chronologically recorded.

Cash Advance

A short-term loan from a bank or alternative lender, often accessed through a credit card.

Assets

Resources owned or controlled by a business, expected to produce economic value or future benefits for the company.