Which of the following characteristics is NOT common to all four of Darden Restaurants' supply channels?
A) supplier qualification
B) product tracking
C) independent audits
D) refrigeration
E) just-in-time delivery
D
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In which of the following cases would the gross profit method most likely be used?
A) In a company with good accounting records B) In applying the average-cost method C) In estimating the market value of inventory for application of the lower-of-cost-or-market rule D) In estimating an inventory loss from fire
Whitney Company treats each division as a profit center and expects a 20 percent profit on its total production costs. Division A produces a part that it sells externally for $19.00. It also supplies this part to other internal divisions. Its variable production cost for the part is $13.70. Using a negotiated-price approach, what is the negotiation floor for Division A?
A) $13.70 B) $16.35 C) $16.44 D) $17.72
Which of the following is true about a T-Account?
A) Left hand side of the T-Account is called a debit. B) Left hand side of the T-Accounts is called a credit C) Right hand side of the T-Account is called a debit D) None are true.
Which of the following are among the “core” influence tactics according to a study that used the Influence Behavior Questionnaire (IBQ)?
a. flattery, ingratiation, doing favors, and self-promotion b. rational persuasion, consultation, inspirational appeals, and collaboration c. coalition-building, appeals to higher authority, self-promotion, and personal assertiveness d. core values, core rewards, core membership, and core spirit