Standard costs are developed by the cooperative effort of purchasing, production, human resources, and accounting personnel

Laundry detergent, candy, magazines, and fast food are purchased frequently by customers. They are examples of ________ products

A) unsought B) shopping C) convenience D) specialty E) industrial

Which of the following is true of a fully disclosed agency?

A) The third party does not know the identity of the principal. B) The third party knows the name of the principal, but all transactions are done with the agent. C) The contract is between the principal, agent, and the third party. D) The principal is liable on the contract with a third party.