When Designing a Certification Program, Careful Attention Should Be Paid

question 61

Multiple Choice

When designing a certification program, careful attention should be paid to the selection of criteria. Good certification should include all of the following issues with one exception. Which is the exception?

• A) quality assurance
• B) financial health of the supplier
• C) production scheduling methods
• D) price ratio analysis abilities
• E) cost accounting methods

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Definitions:

Merchandise

Goods or products that are purchased for resale to customers, typically found in a retail or wholesale environment.

Sales

The revenue earned from selling goods or services to customers.

Bank Credit Cards

Financial instruments issued by banks that allow users to borrow funds for purchases, subject to repayment terms and interest.

Cash Sales

Transactions where goods or services are purchased and paid for with cash at the time of the sale.