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Concerning Procurement, which of the following statements are true? Select all correct answers. The price iceberg in procurement includes defects, delays, and material handling. A

Concerning Procurement, which of the following statements are true? Select all correct answers. The price "iceberg" in procurement includes defects, delays, and material handling. A forward contract in financial hedging is buying or selling the commodity or a related one for future delivery on a given date at a given price. Outsourcing is always cheaper. Procurement cycle is not a traditional functional role of supply chain management. None of the above

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