Firms can be categorized by the type of purchasing strategy used. _____ consider numerous, even unfamiliar suppliers and solicit and analyze options.

A. Satisficers
B. Strivers
C. Optimizers
D. Actualizers
E. Innovators


Answer: C

Business

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Which of the following is not listed by the textbook as a best-selling provider of cloud-based ERP systems?

a. SAP b. IBM c. NetSuite d. Sage

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We plan ____ survey our customers and conduct a focus panel ______

A) to, to B) too, to C) too, too D) ?to, too

Business

Vick Valve Company makes valves for plumbing fixtures. At the beginning of the year, it sends out a price list addressing each one, "To our valued customers." Honest Hank Hardware orders a variety of valves at the prices quoted on the price list. Vick Valve must honor the prices on the list and sell the valves to Honest Hank.

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

Business

An accrual basis taxpayer wishes to take advantage of the recurring item exception to the economic performance requirement in order to accelerate a deduction. Which of the following is not a criteria which must be satisfied?

A. Payment is made within 8.5 months after the close of the tax year. B. The taxpayer consistently treats similar items meeting these criteria in the same manner. C. The independent all-events test cannot be not satisfied. D. The amount is immaterial or the accelerated deduction results in better matching of income and expense.

Business