Inventory control is also called ______.
a. backstock control
b. resources control
c. materials control
d. supplies control
c. materials control
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Which of the following terms best describes the marketing concept?
A. competition-oriented B. society-oriented C. sales-oriented D. consumer-oriented E. production-oriented
Who is typically the most informed person about a company’s abuses?
a. an employee b. a customer c. a supplier d. a government auditor
White papers translate technical and complicated information into a format that can be easily understood by potential buyers
Indicate whether the statement is true or false
Metaline Corp. uses the weighted average method for inventory costs and had the following information available for the year. The number of units transferred to finished goods during the year is: Beginning Work in Process (40% complete, $1,100)200 unitsEnding inventory of Work in Process (80% complete)400 unitsTotal units started during the year3,200 units
A. 3,160 units. B. 3,500 units. C. 3,000 units. D. 3,200 units. E. 3,400 units.