Which data is typically included in an AESIP vendor record?

Get prepared with the Material and Vendor Master Data Test. Boost your knowledge with multiple choice questions. Enhance your understanding with hints and detailed explanations. Ace your exam effortlessly!

The correct answer focuses on the crucial details included in an AESIP (Army Enterprise Systems Integration Program) vendor record, which primarily serves to identify and facilitate transactions with vendors in military and government contexts. The name of the business and the CAGE (Commercial and Government Entity) code are fundamental identifiers in the vendor record.

The name of the business helps clearly specify who the vendor is, while the CAGE code is a unique identifier assigned to businesses that wish to do business with the federal government. This specific code is essential for procurement processes and helps in tracking and ensuring compliance with government regulations. Therefore, including both the name of the business and the CAGE code in the vendor record ensures clarity and precision in vendor identification, which is critical for effective procurement and management in the context of government contracting.

Other options, although related to vendor information, do not typically constitute a standard part of the AESIP vendor record. For instance, a social security number is not generally included for business entities, as it's more applicable to individuals. The vendor account balance may be relevant in specific financial systems but is not a fundamental component of a vendor record. Contract history might be pertinent to specific transactions or agreements but is not a standard item in every vendor record maintained by AESIP.

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