Receipts and disbursements management techniques are aimed at minimizing a firm's financing requirements by taking advantage of certain imperfections in the collection and payment system

Which of the following scenarios illustrates the use of processed materials in manufacturing?

a. No-Glut Inc. uses rice flour in the manufacture of gluten-free products. b. Zintec Sugar House uses sugarcane to produce white sugar. c. Pace, an automobile company, uses magnesium alloy wheels for its high-end cars. d. Reldex Steel Corp. uses blast furnaces in their manufacturing process.

What is the result of bidder conferences held during the Conduct Procurments process?

A. A clear and common understanding of the work required. B. A contract C. A proposal D. A procurement statement of work