_____ Are Those Items Provided by Suppliers and Used Directly

question 110

Multiple Choice

_____ are those items provided by suppliers and used directly during production or service delivery.

• A)​Direct materials
• B)​Indirect materials
• C)​Indirect services
• D)​Internal materials
• E)​Vendor managed inventories

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Definitions:

Personal Funds

Money that belongs to an individual and is used for personal, as opposed to business or other external, purposes.

Maintain Secrets

The obligation or practice of keeping information, such as trade secrets or confidential company information, undisclosed.

Business

The coordinated actions and initiatives of persons aimed at the generation and vending of goods and services for financial gain.

Revised Uniform Partnership Act

An updated version of a law guiding the operation of partnerships in the United States, focusing on the management, financial aspects, and dissolution of partnerships.