Which of the Following Is Least Likely to Be a Major

question 60

Multiple Choice

Which of the following is least likely to be a major criterion in vendor selection?

• A)prices of goods
• B)credit rating of the vendor
• C)quality of goods
• D)ability to deliver on time

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Definitions:

Office Equipment

Office equipment consists of tangible property like desks, computers, and copiers that are used in an office setting for operations and administrative functions.

Financial Position

A snapshot of what a company owns (assets) and owes (liabilities) at a particular point in time, showing its net worth.

Property

Assets or possessions owned by an individual or company, comprising both tangible items, like buildings and land, and intangible items like patents or copyrights.

Current Liability

A business's liabilities or amounts owed that must be settled with lenders within a twelve-month period.