________ are the terms of sale offered by different suppliers in response to the purchase specifications posted by the buyer.
A. Purchasing rebuys
B. Requisitions
C. Legal bonds
D. Competitive bids
E. Auctions
Answer: D
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Indicate whether the statement is true or false
Bobby's Burger Place monitors its variances on an hourly basis. It is not uncommon for Bobby to send workers home early when which of the following variances indicates that he has over-scheduled the shift?
a. Unfavorable labor efficiency variance. b. Favorable labor rate variance. c. Unfavorable materials quantity variance. d. Favorable labor efficiency variance.
The title for a graph should usually be its bottom line
a. true b. false
Which of the following contracts needs to be in writing?
A) a contract to provide medical help to a person till the person dies B) a contract to play for a football team as long as the player's health allows it C) a contract to pay a person's tuition for as long as they are on the honor list D) a contract to provide services to a hospital for two years