Which of the following is most likely true about a straight rebuy?
A) Suppliers are not required to focus on quality of products or services delivered.
B) A straight rebuy is far more complex than a new-task situation.
C) A straight rebuy is handled on a routine basis by the purchase department.
D) A straight rebuy occurs only when a buyer wants to pinpoint and procure the best deal in the market.
E) A straight rebuy involves more opportunities for "out" buyers than do other types of purchasing situations.
C
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In the job order system, the finished goods account is the controlling account for the factory overhead ledger
Indicate whether the statement is true or false
Extortion of private persons is commonly referred to as ________.
A. kick-backs B. obstruction of justice C. collusion D. blackmail
The amount of FICA tax that employers must pay is twice the amount of the FICA taxes withheld from their employees.
Answer the following statement true (T) or false (F)
Jahnel Corporation is conducting a time-driven activity-based costing study in its Tech Support Department. The company has provided the following data to aid in that study:Jahnel CorporationTech Support DepartmentData InputsResource Data: Number of employees 7 Average salary per employee$43,200 Weeks of employment per year 50 Minutes available per week (40 hours × 60 minutes) 2,400 Practical capacity percentage 90%?Activity Data:Routing CallsResolving ProblemsPreparing Change OrdersMinutes per unit of the activity142234?On the Customer Cost Analysis report in time-driven activity-based costing, the time-driven activity rate for Preparing Change Orders would be closest to:
A. $1.18 per change order prepared B. $34.00 per change order prepared C. $0.40 per change order prepared D. $13.60 per change order prepared