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Vlad [161]
3 years ago
7

A Purchasing Specialist is sometimes referred to as what? Select all that apply *

Business
1 answer:
Zepler [3.9K]3 years ago
8 0

\text{Hello there!}

A Purchasing Specialist is sometimes referred as a \bold{Procurement Manager.}

This is because they're responsible for purchasing/procuring supplies.

They relatively have the same roles, however, occasionally referred to by different names.

\text{The job of the} \bold{Purchasing\;Manager} \text{\;is to purchase supplies for the company.}

\text{For example, purchasing lettuce for a} \bold{fast\;food\;restaurant.}

\text{The job of the\;} \bold{Purchasing\;Agent} \text{is to buy supplies that the company needs.}

\text{The job of the} \bold{Procurement\;Manager} \text{has the same responsibilities as the}\bold{Purchasing\;Manager.}

Therefore, all of the possible referred answers are going to be correct.

The only differences are going to be the names.

\rule{300}{1.0}

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Winners and losers from free trade Consider the market for meekers in the imaginary economy of Meekertown. In the absence of int
rjkz [21]

Answer:

It is true that under those circumstances there are winners and losers from trade, or in this case, more specifically from the lack of trade, because the economy of Meekertown does not engage in international trade, and as a result, the consumers have to pay $33 for meekers, instead of paying a price closer to the world average of $35. The consumers are the losers, while the domestic producers are the winners.

If Meekertown opened up to international trade, consumers would be able to buy cheaper meekers produced aborad, which means that they would be the winners while domestic producers would be the losers.

5 0
4 years ago
When​ Alex's income increased from ​$2,000 to ​$4,000​, he increased his consumption of bagels from 6 to 10 a month and decrease
Oliga [24]

Answer:

For Bagels = 1.33

For Donuts = -1.33

Explanation:

Using the midpoint method, Alex's percentage change in income is given by the difference in income divided by the average income:

\%I =\frac{\$4,000-\$2,000}{\frac{\$4,000+\$2,000}{2}}\\\%I=66.67\%

Alex's percentage change in demand for both bagels and donuts is given by the difference in the quantity consumed divided by the average consumption:

\%B =\frac{10-6}{\frac{10+6}{2}}\\\%B=50.00\%\\\%D =\frac{9-15}{\frac{15+9}{2}}\\\%D=-50.00\%

Alex's income elasticity of demand for bagels and donuts, respectively, is:

E_B=\frac{\%I}{\%B}=\frac{66.67\%}{50\%} \\E_B=1.33\\\\E_D=\frac{\%I}{\%D}=\frac{66.67\%}{-50\%} \\E_D=-1.33

His income elasticity of demand for bagels is 1.33, while for Donuts it is  -1.33.

6 0
4 years ago
Amble, Inc. exchanged a truck with a carrying amount of $12,000 and a fair value of $20,000 for a truck and $5,000 cash. The fai
katrin [286]

Answer & Explanation:

The fair value of our asset is $20000 and what we receive is a truck with $15000 market value and $5000 cash. So the transaction possesses commercial substance as the fair value and value received are same.

So assume if the transaction lacks the commercial substance (according to question) then the truck received must be recorded at fair value and must be offset against the truck which is exchanged for. The entry would be:

Dr Truck received @ Fair Value $15000

Cr                     Truck Sold                      $12000

Cr                     Profit on Disposal           $8000

The above entry makes it clear that the entry to recognize the truck would be $15000. So the option D is correct.

4 0
3 years ago
Members of _________ organizations do not get paid and instead contribute their time or money because they like or admire what t
drek231 [11]
Non-profit organizations. (They don’t make money)

Hope I helped!
7 0
4 years ago
A trial balance consists of:Multiple ChoiceA two-column financial statement intended for distribution to interested parties outs
icang [17]

Answer:

A two-column schedule listing names and balances of all ledger accounts.

Explanation:

Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors.

Generally, financial statements are the formally written records of the business and financial activities of a business entity or organization.

There are four (4) main types of financial statements and these are;

1. Balance sheet: it contains financial information about assets, liability, and equity.

2. Cash flow statement: it contains financial information about operating, financial and investing activities.

3. Income statement: it contains financial information about the income and expenses of an organization.

4. Statement of changes in equity: it contains financial information about profits or loss, dividends, etc.

A trial balance consists of a two-column schedule listing names and balances of all ledger accounts.

5 0
3 years ago
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