Which department is usually responsible for a direct materials cost variance due to favorable price negotiations?
A) purchasing
B) production
C) human resources
D) engineering
A) purchasing
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GATT is primarily based on the principle of trade protectionism
Indicate whether the statement is true or false
Which of the following would not be a source of 360-degree feedback?
a. bosses b. subrodinates c. peers d. spouses and/or siblings
Which of the following is true with regard to marketing research?
A) The marketing research process depends primarily on sophisticated internal databases. B) The marketing research process requires assessing macroeconomic forces. C) Marketing research gives marketers insights into customer motivations. D) Marketing research eliminates the need for a SWOT analysis. E) Marketing research is a simple two-step process.
Which one of the steps below is not aided by the preparation of the work sheet?
A) preparing the adjusted trial balance B) posting to the general ledger C) preparing the financial statements D) preparing the closing entries