Blanket purchase orders: Select one: O a. are difficult to prepare. O b. reduce costs by...

Question

Question

Blanket purchase orders: Select one: O a. are difficult to prepare. O b. reduce costs by decreasing the number of purchase or

Answer 1

Answer #1

Ans) the correct option is c) reduce costs by decreasing the number of purchase orders issued, cover multiple purchase requirements on one order

Answer 2

Similar Homework Help Questions

The best remedy for this problem is to use blanket purchase orders with suppliers that have...

The best remedy for this problem is to use blanket purchase orders with suppliers that have frequent transactions with Nypro. A blanket purchase order is typically used for items or services that are used repeatedly, and is effective for a fixed period of time. Employing a blanket purchase order makes managing relationships with suppliers with a high quantity of purchase orders easier because it consolidates multiple purchase orders on one blanket purchase order. Clearly, the purpose of blanket purchase orders...
Simplified acquisition procedures do not use: (a) Blanket purchase agreements (b) Cost or pricing data (c)...

Simplified acquisition procedures do not use: (a) Blanket purchase agreements (b) Cost or pricing data (c) Requests for quotations (d) Purchase orders (e) None of the above
Improving the efficiency and effectiveness of the process for small value orders can be achieved through: Select one: O...

Improving the efficiency and effectiveness of the process for small value orders can be achieved through: Select one: O a. vendor/supplier managed inventory systems. b. vendor/supplier managed inventory systems, the use of purchasing cards, and eliminating all small value orders completely. O c. vendor/supplier managed inventory systems and the use of purchasing cards. O d. the use of purchasing cards. O e. eliminating all small value orders completely.

An increase in the Money Supply: Select one: O a. leads to a fall in prices...

An increase in the Money Supply: Select one: O a. leads to a fall in prices and an increase in consumption, shifting the AD to the left O b.leads to an increase in net exports, shifting the AS to the right O c. leads to a fall in interest rates and a consequent increase in investment, shifting the AD to the right O d. none of the above if a country that is a trade partner of ours falls into...
What effect does decreasing automation have on a company? Select One A. Decreases variable costs b...

What effect does decreasing automation have on a company? Select One A. Decreases variable costs by increasing the amount of production capacity B. Decreases variable costs by decreasing the amount of workers needed C. Decreases variable costs by increasing plant utilization D. Both B and C E. None of the above
Financing activities include: Select one O a. The purchase and sale of long-term assets. o b....

Financing activities include: Select one O a. The purchase and sale of long-term assets. o b. Take a loan from the bank O c. Primary operations such as selling goods to customers d. Pay salary to employees

The cost of goods sold: Select one: O a. includes all manufacturing costs incurred during the...

The cost of goods sold: Select one: O a. includes all manufacturing costs incurred during the income statement period. O b. includes both the fixed and the variable costs of producing the items included in revenue. O c. includes period costs only. O d. is equal to the variable cost per unit multiplied by the number of units sold. e. is equal to the fixed costs of production for the time period.
Insourcing should be considered when: Select one: O a. assurance of supply is a problem, the supplier has developed a u...

Insourcing should be considered when: Select one: O a. assurance of supply is a problem, the supplier has developed a unique process to produce the product or service and there is an opportunity to reduce costs significantly. O b. there is an opportunity to reduce costs significantly O O O c. assurance of supply is a problem. d. the supplier has developed a unique process to produce the product or service. e. assurance of supply is a problem and there...
Expediting: Select one: O a. may be caused by the buyer or the supplier. O b....

Expediting: Select one: O a. may be caused by the buyer or the supplier. O b. is a routine order tracking process. c. is caused by buyer behavior only. O d. may be the result of legal noncompliance. O e. is caused by supplier behavior only.

Total costs in the table are: Select one: a. decreasing at a decreasing rate. b. decreasing...

Total costs in the table are: Select one: a. decreasing at a decreasing rate. b. decreasing at a constant rate. c. increasing at a constant rate. d. increasing at an increasing rate. | M Control variable e 0 Total Benefits B(Q) arginal Benefit MB(Q) Marginal Cost MC(Q) Marginal Net Benefit MNB(Q) 0 900 1,700 100 200 Total Costs C(Q) 0 100 300 600 1,000 1,500 2,100 2,800 B 4,500 5,500 Net Benefits N(Q) 0 800 C 1,800 2,000 2,000 1,800...