The Cost of Supplier Evaluation from a Supplier Would Be

question 26

Multiple Choice

The cost of supplier evaluation from a supplier would be classified as a(n)

• A) prevention cost.
• B) appraisal cost.
• C) internal failure cost.
• D) external failure cost.

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Definitions:

Assignee

The individual or entity to whom rights or property are legally transferred.

Negotiable Instrument

A written document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payer name either mentioned or implied.

Rights

Entitlements or permissions granted to individuals or entities, legally or ethically, to perform certain actions or to be in a particular state.

Indorsement

An act of signing one's name on the back of a check or other negotiable instrument, thereby transferring the rights to another party.