A Formal Process Usually Incorporating Software for Analyzing Procurement Data

question 16

Multiple Choice

A formal process usually incorporating software for analyzing procurement data to lower costs is

• A)spend analysis
• B)outsourcing
• C)corporate services
• D)e-procurement

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Definitions:

Element

A pure chemical substance consisting of one type of atom distinguished by its atomic number.

Nucleus

The central and most important part of an atom, containing protons and neutrons and almost all of its mass.

Matter

Anything that occupies space and has mass, composed of atoms or molecules and is the substance that makes up the physical universe.

States

Different forms in which matter can exist, typically observed as solid, liquid, gas, and plasma.