The materials price variance is computed using the actual quantity of materials used, and the materials usage variance is computed using the actual quantity of materials purchased
Indicate whether the statement is true or false
False
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Which statement about project closeout activities is BEST?
A) Closeout activities are usually given a high priority. B) Getting the project signed off discourages other closeout activities. C) Because all projects are unique, the actual carryover from project to project is minimal. D) Closeout activities are impossible to ignore.
Miss Moo produces a line of milk products that are lactose-free. The milk comes in pint, quart, and half-gallon cartons, as well as 18-ounce glass bottles. Miss Moo sells its pint cartons to school systems, its quart and half-gallon cartons to grocery stores, and its glass bottles to vending machine operators. Miss Moo appears to use a(n) _____ strategy in marketing its product to a target market that is likely to be _______.
A. undifferentiated; homogeneous B. undifferentiated; heterogeneous C. differentiated; homogeneous D. differentiated; heterogeneous E. concentrated; heterogeneous
Orina hires Padget, a real estate broker, to sell her oceanfront house. The house is destroyed in a hurricane be¬fore being sold. Padgetis
a. Orina's agent until Orina's insurer pays Padget'scommission. b. Orina's agent until the destroyed house is sold. c. Orina's agent until the destroyed house is rebuilt and sold. d. no longer Orina's agent.
Because orders in organizational buying are typically much larger than in consumer buying, buyers must often ________ when the order is above a specific amount, such as $5,000.
A. move up the time required to execute a purchase agreement B. get competitive bids from at least three prospective suppliers C. pay estimated sales taxes in advance D. forgo identifying the members of the supplying center and their roles in the selling process E. forgo the purchase because senior management is unlikely to approve it