Allan Clapp is a purchasing agent for Deep River Mfg. Co. He regularly buys items such as nails, light bulbs, brooms, and sweeping compounds. In other words, he buys
A. components.
B. accessory equipment.
C. professional services.
D. supplies.
E. installations.
Answer: D
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Under the indirect method, revenues and expenses reported on the income statement are adjusted to reflect the amount of cash received or paid for each item
Indicate whether the statement is true or false
Anne's Pita Bread Chips offers free POP (point-of-purchase) displays to retailers ordering its product. Anne's is using a ________ strategy.
A. posttesting B. puffery C. publicity D. push E. pull
Tim worked in the steel industry in the early 1900s. Which most likely describes the amount of time Tim worked per week?
A. He was lucky to have the job at all and probably only got to work twenty hours per week. B. He shared his job with another individual and worked thirty hours per week. C. He worked a standard week of forty hours. D. He worked over sixty hours a week. E. He spent about sixteen hours a day, six days a week at the factory.
Which of the following is not a phase in the SDLC?
A. Maintenance. B. Change. C. Design. D. None of the above.