The group normally involved in the purchase decision for an organization is called a:
A) buying center.
B) decision center.
C) buying department.
D) decision maker.
A
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Which of the following would not be a reasonable conclusion when comparing LIFO-FIFO under an inflationary condition?
a. FIFO generally results in a lower profit than does LIFO. b. FIFO reports a higher inventory ending balance. c. LIFO results in a lower profit figure than does FIFO. d. LIFO would probably be used for inventory that has a high turnover rate because there would be an immaterial difference in the results between LIFO ad FIFO. e. The cash flow under LIFO is greater than the cash flow under FIFO by the difference in the resulting tax between the two methods.
Which of the following is a suggestion provided by career trainers related to attitudes and job search success?
A. dress for success B. be desperate C. be arrogant D. be docile
Projected sales price minus a reasonable profit equals
a. the standard cost. b. contribution margin. c. projected Cost of Goods Sold. d. target cost.
Use metric abbreviations only when the metric unit follows _______________
a. a pattern b. another unit c. a complete sentence d. a number