Which of the Following Is Not a Method Used to Further

question 35

Multiple Choice

Which of the following is not a method used to further evaluate and select suppliers once the initial evaluation has taken place?

• A) Evaluation from supplier-provided information.
• B) Supplier visits.
• C) Use of preferred suppliers.
• D) Trade journals.
• E) External or third party information.

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Definitions:

Estimated Depreciation

The projection of an asset’s decrease in value over time due to wear and use, used for accounting and tax purposes.

Fees Collected

Revenue generated from charging for services provided, professional services, or through administrative fees.

Fiscal Year

A one-year period that companies and governments use for financial reporting and budgeting, which may not align with the calendar year.

Seasonal Variations

Fluctuations in data or activities that occur at similar periods each year due to seasonal factors.