Multiple levels of suppliers and customers form the foundation for the extended ________ or the extended enterprise concept, which states that success is a function of effectively managing a linked group of firms past the first-level of suppliers or customers
a. supplier relationship
b. supply chain
c. supply base
d. value chain
d
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In a decentralized company in which divisions may buy goods from one another, the transfer pricing system should be designed primarily to
a. increase the consolidated value of inventory. b. allow division managers to buy from outsiders. c. minimize the degree of autonomy of division managers. d. aid in the appraisal and motivation of managerial performance.
For a construction contractor, the wages of carpenters would be classified as factory overhead cost
Indicate whether the statement is true or false
The account which records the difference between the cash needed for replenishment and amount of receipts is called:
A) Petty Cash. B) Cash Over and Short. C) Cash Equivalents. D) Discrepancy Expense.
Generally, consent is not a defense in an intentional tort action
Indicate whether the statement is true or false