In Addition to Evaluating the Vendors' Responses from the Formal

question 1

Multiple Choice

In addition to evaluating the vendors' responses from the formal RFP process,what other type of data collection for a leading candidate package is recommended?

• A) software demonstration of the package
• B) references from users of the software package in other companies
• C) in-house user acceptance test results
• D) both A and B

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Definitions:

Cash-to-cash Cycle

The time duration it takes for a company to convert its investments in inventory and other resources into cash flows from sales.

Accounts Receivables

Money owed to a company by customers who have purchased goods or services on credit.

Insolvent

The state of being unable to pay off debts as they come due, having liabilities exceed assets.

Receivables

Money owed to a business or an individual for goods or services provided on credit.