The main objectives of _____ are to prevent purchases from suppliers that are not on the approved list of sellers and eliminate the processing costs of purchases

a. horizontal markets c. third-party exchange marketplaces
b. e-procurement d. trading partner agreements


B

Business

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The photo department of Santiago Company shows gross sales of $730,600 for chemical supplies and $934,900 for general office supplies. It has determined that chemical supplies cost $534,000 and that general office supplies cost $391,400 . What is the gross profit percentage for the general office supplies section of the photo department?

a. $543,500 b. 74.4% c. 72.0% d. 58.1%

Business

When selecting within a range of outcome estimates for probable contingencies, the requirements of IFRS and GAAP, respectively, are to accrue what amount in the range? IFRS GAAP I. minimum minimum II. midpoint minimum III. minimum midpoint IV. midpoint midpoint

A) I B) II C) III D) IV

Business

Defamation pertains to personal reputation, whereas disparagement pertains to economic interests

Indicate whether the statement is true or false

Business

Eastern Mountain Sports uses Web 2.0 tools to increase collaboration, information sharing, and communication among their employees, suppliers, and customers

Indicate whether the statement is true or false

Business