The first step of the purchasing process is to select the supplier

Indicate whether the statement is true or false.

Answer: FALSE

Business

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Corporate conscience is an antonym for corporate social responsibility, implying that the organization is not a citizen responsible for meeting all of its obligations.

a. true b. false

Business

Murphy Construction Materials Company has a sales office that sells concrete culvert pipes to property developers

The sales office is a revenue center and prepares a monthly responsibility report. The partially completed responsibility report is provided. Revenue Center Responsibility Report Product Type Actual Sales Revenue Flexible Budget Variance U/F Flexible Budget Sales Volume Variance U/F Static Budget 40 inch $31,700 $30,750 $40,800 36 inch long 40,150 42,200 33,000 36 inch short 36,200 33,100 31,000 32 inch 19,100 20,000 28,400 The company uses management by exception to address flexible budget variances. On which product type would the company first focus? A) 40 inch B) 36 inch long C) 36 inch short D) 32 inch

Business