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CTP · Question #925
CTP Question #925: Real Exam Question with Answer & Explanation
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Question
- (Topic 9) The executive management of a utility company would like to determine if it would be more cost effective to hire a third-party provider to handle its bill processing functions, which are currently internally operated. What formal selection method should the company use to obtain proposed solutions and detailed pricing from potential vendors?
Options
- ARequest for Information (RFI)
- BRequest for Proposal (RFP)
- CPublic solicitation
- DBidder's conference
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