T bills and commercial paper are sold:

A) with a stated coupon rate.
B) at a discount from par value.
C) at a premium about par value.
D) none of these.

Ans: B) at a discount from par value.

Business

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Possible operational causes of an unfavorable direct materials efficiency variance include poor design of products or processes

Indicate whether this statement is true or false.

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Buying center members with higher levels of cognitive involvement will:

A) use the purchasing process to further personal power goals. B) ask more questions during the purchasing process. C) have no opinion about purchase risk. D) be most inclined to base a purchase decision on nepotism.

Business