Qualitative Factors That Should Be Considered When Evaluating a Make-Or-Buy

question 69

Multiple Choice

Qualitative factors that should be considered when evaluating a make-or-buy decision are

• A)the quality of the outside supplier's product.
• B)whether the outside supplier can provide the needed quantities.
• C)whether the outside supplier can provide the product when it is needed.
• D)all of the above.

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Definitions:

Current Liabilities

Obligations or debts that a company is required to settle within one fiscal year or within its operating cycle.

Social Security

A government program that provides financial assistance to people with inadequate or no income, primarily the elderly, disabled, and survivors of deceased workers.

Medicare

A federal health insurance program in the United States for people aged 65 and older, and for some younger people with disabilities.

Installment Note Payment

A portion of a loan's repayment structure, where payments are spread out over time, typically including both principal and interest components.