A specialist within a company who is responsible for all of the company's major purchases may be called all of the following EXCEPT

A. supply manager.
B. salesperson.
C. buyer.
D. purchasing agent.
E. procurement officer.


Answer: B

Business

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The "balance of payments" is a record of all economic transactions between the residents of a country and the rest of the world. It is divided into the current and capital accounts. Current accounts include all of the following except:

A) balance on goods. B) portfolio investments. C) balance on services. D) goods imports. E) goods exports.

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According to BrandAsset® Valuator model, leadership brands show ________

A) high levels of energy, differentiation, relevance, knowledge, and esteem B) higher levels of esteem and knowledge than relevance, whereas both differentiation and energy are lower still C) higher levels of differentiation and energy than relevance, whereas both esteem and knowledge are lower still D) low levels on energy, differentiation, relevance, knowledge, and esteem E) high knowledge — evidence of past performance — a lower level of esteem, and even lower relevance, energy, and differentiation

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A method of testing for the completeness of sales is to test the sequence of sales invoices used during the period under audit

a. True b. False Indicate whether the statement is true or false

Business

Barney painted his house, which saved him $3,000. According to the realization requirement, Barney must recognize $3,000 of income.

Answer the following statement true (T) or false (F)

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