Each agency listing should be accompanied by a Change of Status form permitting the broker to be a transaction-broker for in-company transactions.

An unfavorable flexible - budget variance for variable costs may be the result of

a. using more input quantities than were budgeted. b. paying higher prices for inputs than were budgeted. c. selling output at a higher selling price than budgeted. d. both (a) and (b).

A company should check inventory quantities before accepting a sales order for all the following reasons except to

A) verify the accuracy of the perpetual inventory records. B) inform the customer about availability and delivery times. C) know which items may need to be back ordered. D) update inventory records to reduce the quantity available by the number of items ordered.