The Three General Types of Supplier Evaluation Systems in Use

question 64

Multiple Choice

The three general types of supplier evaluation systems in use today are the _________________________.

• A) categorical method, the price-ratio method, and the circular averaging method
• B) categorical method, the cost-ratio method, and the linear averaging method
• C) circular method, the cost-ratio method, and the linear averaging method
• D) cost-ratio method, the gross margin method, and the linear averaging method
• E) categorical-ratio method, the quality-ratio method, and the linear averaging method

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Definitions:

Child And Dependent Care Expenses Credit

A tax credit available to taxpayers who pay for childcare or dependent care while they work or look for work.

Dependent Children

Children who are financially supported by a parent or guardian and meet specific criteria, qualifying the parent to receive tax benefits; a reiteration with emphasis on the criteria aspect.

Qualified Day Care Center

A child care facility that meets specific criteria set by the IRS to be eligible for certain tax benefits.

Full-Time Student

A status for individuals who attend an educational institution for a certain number of hours or courses as defined by the institution.