Multiple Choice
Which of the following situations explains 'payment terms'?
A) Payment terms relate to what, how and when the buyer will pay for the products and services delivered by the supplier.
B) Payment terms relate to a 12 week period allowed before payment is due for the products and services delivered by the supplier.
C) Payment terms relate to when the buyer will pay for the products and services delivered by the supplier.
D) Payment terms relate to what and how the buyer will pay for the products and services delivered by the supplier.
Correct Answer:

Verified
Correct Answer:
Verified
Q33: Which of the following is an explanation
Q34: Which of the following better explains 'Procurement'? <br>A) A
Q35: Which of the following is not an
Q36: Which term describes products which are not
Q37: What is Early Supplier Involvement (ESI)? <br>A) A situation
Q39: Which of the following explains 'semi-manufactured goods'? <br>A) These
Q40: Which of the following are examples of
Q41: Which of the following are activities of
Q42: Which of the following is a product
Q43: What is expediting? <br>A) Following up on a purchase