The Focus of the Purchasing Function in the War Years

question 19

Multiple Choice

The focus of the purchasing function in the war years (1910-1946) was

• A)developing basic purchasing procedures.
• B)obtaining scarce materials.
• C)solely on reducing prices.
• D)developing collaborative relationships with suppliers.

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Definitions:

Chart of Accounts

A systematic list of all account titles and numbers being used by a company to organize its financial transactions and to prepare financial statements.