Gathering and distributing purchasing information both from and to internal and external parties using Internet technology best defines
A) e-tendering.
B) e-informing.
C) e-sourcing.
D) e-MRO.
B
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Of the following, which is the most important reason for a broker to maintain a trust fund account in addition to a regular business account?
a. To provide a means of control over the destiny of transactions being negotiated b. It is easier from an accounting point of view c. The bank is responsible for any loss to the trust fund account resulting from embezzlement d. The consequences which could occur should legal action be taken against the broker
In terms of costs to organize each, which of the following sequences is correct, moving from highest to lowest cost?
A) General partnership, sole proprietorship, limited partnership, corporation. B) Sole proprietorship, general partnership, limited partnership, corporation. C) Corporation, limited partnership, general partnership, sole proprietorship. D) Sole proprietorship, general partnership, corporation, limited partnership.