Which of the Following Suggests That a Vendor Is Reliable

question 35

Multiple Choice

Which of the following suggests that a vendor is reliable?

• A)The vendor is willing to provide customized services for the institution at a reasonable negotiable fee.
• B)The vendor is knowledgeable about the system and provides additional information without prompting.
• C)The vendor provides a contact list of previous customers, but none are willing to be interviewed.
• D)The vendor addresses all requirements for the system and quickly provides answers for questions.

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Definitions:

Operating Costs

Operating costs are the expenses associated with the day-to-day operations of a business, including costs for rent, utilities, payroll, and raw materials.

Profit Margin

A financial ratio indicating the percentage of revenue that exceeds the costs of goods sold, showcasing the profitability of a company.

Return On Equity

A measure of a corporation's profitability that calculates how much profit a company generates with the money shareholders have invested.

Equity Multiplier Ratio

A financial ratio indicating the proportion of a company's total assets that are financed by shareholders' equity.