When a key commodity is purchased by many major business units, use of [a] _____ is beneficial
a. joint global strategy
b. purchasing cards
c. decentralized purchasing structure
d. corporate purchasing council
e. lead division buying
a
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Long Corporation has adopted the policy of charging to expense at the time of purchase all assets having a cost of less than $200, regardless of the life expectancy of the asset. This policy is most closely related to the
A) historical cost principle B) period-of-time assumption C) verifiability principle D) materiality principle
Those group members who fail to contribute equally or equitably to a group task are referred to as ______.
a. distractors b. slackers c. loafers d. idlers
An ambiguity in a contract may constitute a mutual mistake of a material fact.
Answer the following statement true (T) or false (F)
A Duke study found that obese workers missed __________ times the number of workdays of nonobese workers.
A. 5 B. 8 C. 14 D. 23