Internet tools used in the B2B market that focus primarily on lowering price do not always lower total purchasing costs.
Answer the following statement true (T) or false (F)
True
Internet tools used in the B2B market helps increase the number of suppliers competing for the business, which can in turn drive down prices or provide more beneficial terms of sale. But sometimes dealing with one supplier with which a firm already has a good relationship is more important and lowers total cost.
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Anthony Delivery Service has a weekly payroll of $32,000. December 31 falls on Tuesday and Anthony will pay its employees the following Monday (January 6 ) for the previous full week
Assume that Anthony has a five-day workweek and has an unadjusted balance in Salaries Expense of $925,000. What is the December 31 balance of Salaries Expense after adjusting entries are recorded and posted? A) $925,000 B) $957,000 C) $944,200 D) $937,800
Which of the following is useful to combine the data of different segments using different software for the purpose of creating companywide budgets?
A) accounting development manual B) budgeting software C) financial analysis software D) budget creation manual
The clerk of a bankruptcy court must provide consumer-debtors with information on the types of services available from credit counseling agencies.?
Indicate whether the statement is true or false
The ratio of the net cash receipts of the project divided by the cash outlays of the project, enabling trade-off analysis to be made between competing projects, is often referred to as:
A) return on investment (ROI). B) break-even analysis (BEA). C) net present value (NPV). D) future value (FV). E) currency rate analysis (CRA).