The process of certifying a new supplier is considered what type of major cost category?
A)Pretransaction Cost
B)Supplier-Development Cost
C)Transaction Cost
D)Turnover Cost

Question

Quizplus · Accepted Answer

Certifying a new supplier involves activities such as evaluating and approving the supplier, which are incurred before any transactions take place, thus falling under pretransaction costs.

The Process of Certifying a New Supplier Is Considered What