After the vendor has been selected, the buyer prepares a purchase order
Indicate whether the statement is true or false
T
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When an agency pays in advance for larger expense items like printing, photography, graphics and design, it is standard industry practice to markup such expenses by a factor of approximately ________
A) 12.5% B) 15.25% C) 17.65% D) 19%
Which of the following is NOT a type of report regularly presented in organizations?
a. Status reports b. Feasibility studies c. Book reviews d. Investigative reports
The term Xij in the formula used for calculating the total cost of handling materials in a process layout stands for:
a. number of loads moved between Departments i and j
b. distance between Departments i and j
c. cost to move a load between Department i and j
d. number of departments or work centers
Dizzy Designs make their clothes in the UK and then ship them to their own retail outlets in France, Spain and Germany. What kind of operation is this?
a. indirect export b. direct export c. home shipment d. overseas manufacture e. contract manufacture