Caltex, a multinational oil company, reduced the number of its suppliers from over 3,000 to 800 by implementing a central catalog for internal purchasing, lowering the per unit prices

Indicate whether the statement is true or false


TRUE

Business

You might also like to view...

Key factors influencing the choice of a survey data collection method include the researchers' time and budget

Indicate whether the statement is true or false

Business

For work done during August, Footprints Company incurred direct materials costs of $104,000 and conversion costs of $260,000. The company employs a just-in-time operating philosophy and backflush costing. At the end of August, it was determined that the Work in Process Inventory account had been assigned $1,080 of costs, and the ending balance of the Finished Goods Inventory account was $1,220

There were no beginning inventory balances. Using the information provided for Footprints Company, what was the ending balance of the Cost of Goods Sold account for August? A) $361,700 B) $362,780 C) $362,920 D) $364,000

Business

Bertha, a surgeon, performed a kidney transplant on one of her patients. The surgery was not successful and the patient did not survive. Which of the following statements is true in this case?

A) Bertha cannot be held strictly liable as she is providing a service. B) Bertha can be held strictly liable for the death of her patient. C) Bertha and the medical staff assisting in the surgery are strictly liable for the death. D) The donor of the kidney can be held strictly liable for the death of the patient.

Business

________ addresses the moral, ethical, and philanthropic expectations that society has of an organization

Fill in the blanks with correct word

Business