FIFO is preferred when purchase costs are rising and managers have incentives to report higher income for reasons such as bonus plans, job security, and reputation.
Answer the following statement true (T) or false (F)
True
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Which of the following is true with regard to mail questionnaires?
A) The response rate of mail questionnaires is often very low. B) Mail questionnaires are highly flexible. C) The researcher has maximum control over the mail questionnaire sample. D) Mail questionnaires are unsuitable for collecting large amounts of information about respondents. E) Respondents always provide honest answers to personal questions on mail questionnaires.
________ are agents who take physical possession of products and negotiate sales. They deal mostly with agricultural marketing
A) Industrial distributors B) Cash-and-carry wholesalers C) Purchasing officers D) Rack jobbers E) Commission merchants
Employee satisfaction typically has little impact on customer satisfaction
Indicate whether the statement is true or false
In an F.O.B. place of destination, the buyer has to bear the expense and risk of loss until the goods are tendered at the place of destination
Indicate whether the statement is true or false