The role of sourcing planning and analysis is
A) to analyze spending across various suppliers and component categories to identify opportunities for decreasing the total cost.
B) to analyze spending across various suppliers and component categories to identify opportunities for increasing the total cost.
C) to enable orders to be placed and delivered on schedule at the lowest possible overall cost.
D) to enable orders to be placed and delivered on schedule regardless of cost.
Answer: A
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By age 26, Marco was a plant manager in the snack-foods division. By 33, he headed the division, one of the most profitable in the corporation. Eventually, however, the company decided to move its corporate offices. Although he loved the job and thought the work was great, Marco's lifestyle was awful. He was on the road so often that he was giving up much of his family life. Marco had also become disenchanted with corporate life. He saw that the closer one got to the top, the more vulnerable one's position became. Thus, Marco left the corporation to start his own snack-foods company. His thoughts and actions most clearly reveal his
A. entrepreneurial spirit. B. need for independence. C. desire to determine his own destiny. D. willingness to find and accept a challenge. E. lack of self-confidence.
Which of the following most likely would be an internal control procedure designed to detect errors and fraud concerning the custody of inventory?
A. Independent comparisons of finished goods records with counts of goods on hand. B. Approval of inventory journal entries by the storekeeper. C. Segregation of functions between general accounting and cost accounting. D. Periodic reconciliation of work in process with job cost sheets.
Answer the following statement(s) true (T) or false (F)
When you have a direct correlation, both variables change in the same direction.
Why is it important that there are GAO accountants?
What will be an ideal response?