While Processing a Purchase Order,if the Customer's Request for Special

question 19

True/False

While processing a purchase order,if the customer's request for special terms is disapproved,the cost of checking availability and credit is wasted.

---

Definitions:

Minimum Required Rate

The lowest acceptable rate of return on an investment or project, often used in capital budgeting.

Return On Investment

A performance measure used to evaluate the efficiency or profitability of an investment in comparison to other investments.

Net Operating Income

A company's income after operating expenses are deducted, but before income taxes and interest are deducted.

Average Operating Assets

The average value of the assets used in the normal operating activities of a business over a specific period.