1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
VLD [36.1K]
3 years ago
5

A buying center whose members reach a decision based on a collective agreement is known as an autocratic buying center. True Fal

se
Business
1 answer:
bearhunter [10]3 years ago
6 0

It is false to say that a buying center whose members make a decision based on a collective agreement is known as an autocratic center. In this case, it would be correct to say that this shopping center is democratic.

<h3 /><h3>Functions of a buying center</h3>

It is the department of an organization responsible for carrying out the analysis, needs and the entire process of purchasing a product and service.

Therefore, in a buying center all members are involved in the entire purchasing decision-making process that influences the essential activities of the business.

The correct answer is:

  • False

Find out more information about buying center here:

brainly.com/question/8947097

You might be interested in
Each of the following are types of__________allocation methods:
storchak [24]

Answer:

Each of the following are types of Overheads allocation methods.

Explanation:

Factory overheads such as rent, electricity or water can not be traced directly to a cost object.

When determining the cost of a cost object these overheads are apportioned to departments they pass through for processing  or the actual job using an allocation method.

The common methods for allocating overheads are plant-wide rate method, departmental overhead rate method and activity-based costing method.

5 0
3 years ago
Mary ran into a store dedicated to the newest cat foods offered by her favorite pet food provider. she has so much fun interacti
maks197457 [2]

mary most likely found a pop-up store

8 0
4 years ago
If Pratt Company issues 5,000 shares of $5 par value common stock for $210,000, the accounta. Common Stock will be credited for
antiseptic1488 [7]

Answer:

d. Cash will be debited for $210,000.

Explanation:

The journal entry for the issue of shares is shown below:

Cash A/c Dr $210,000

   To common stock  (5,000 shares × $5) = $25,000

   To Paid-in Capital in Excess of Par Value  $185,000

(Being issue of shares recorded)

So, the cash account is debited whereas the common stock and paid-in capital should be credited

And, the remaining balance should be transferred to the Paid-in Capital in Excess of Par Value

5 0
3 years ago
f-1. Assume that no intra-entity inventory or land sales occurred between Placid Lake and Scenic. Instead, on January 1, 2020, S
Margarita [4]

Answer:

Journal 1

Debit : Other Income  $34,000

Credit : Equipment $34,000

Journal 2

Debit : Accumulated depreciation  $6,800

Credit : depreciation $6,800

Explanation:

Step 1 : Eliminate the Income resulting from sale and the additional value of equipment sitting in the buyer books

Income = Selling Price - Carrying Amount

where,

Carrying Amount = Cost - Accumulated depreciation

                             = $84,000

therefore,

Income = $118,000 - $84,000 = $34,000

Journal;

Debit : Other Income  $34,000

Credit : Equipment $34,000

Step 2 : Eliminate the unrealized profit as a result of additional asset value

unrealized profit = income ÷ remaining useful life

                            = $34,000 ÷ 5

                            = $6,800

Journal;

Debit : Accumulated depreciation  $6,800

Credit : depreciation $6,800

7 0
3 years ago
If you have a total consumption budget, what should you do to ensure you have enough money saved for emergencies and meeting lon
JulijaS [17]
If you have a total consumption budget for each month, then at least consumption budget of between three to six months should be put in your emergency fund account to cater for financial dilemma which may occur at any time due to loss of job or other factors. After this, you can now start saving toward long term goals by saving at least 10% of your income.
8 0
4 years ago
Read 2 more answers
Other questions:
  • On September 1, the balance of the Accounts Receivable control account in the general ledger of Montgomery Company was $10,960.
    7·1 answer
  • Which type of menu would a food service establishment that serves seasonal items most likely to have?
    7·2 answers
  • Which of the following manufacturing costs is an indirect cost of producing a product? amissions for sales personnel b.memory ch
    15·1 answer
  • What is the maturity date of a loan for $4,000 at 15% exact interest taken out on June 7? The amount of interest on the loan was
    14·1 answer
  • Emma is a marketing manager at a multinational corporation. She gets anxious when her job gets stressful, and she tends to get a
    13·2 answers
  • MacKenzie Company sold $300 of merchandise to a customer who used a Regional Bank credit card. Regional Bank deducts a 1.5% serv
    7·1 answer
  • If you want to sell unique wristbands to the 250 participants in a special boating event to raise funds for research for a rare
    13·2 answers
  • Which of the following is likely to occur as a result of new legislation regarding automobile safety
    6·1 answer
  • The average price of milk increased from $3.00 last year to $3.50 this year. This most likely due to:
    12·1 answer
  • Differentiate between bad debt and doubtful debt​
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!