Which Department Is Usually Responsible for a Direct Materials Cost

question 102

Multiple Choice

Which department is usually responsible for a direct materials cost variance due to favorable price negotiations?

• A) purchasing
• B) production
• C) human resources
• D) engineering

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Definitions:

Resources

Assets, materials, and other items or capabilities that can be utilized to achieve goals or perform tasks.

Coaching Technique

An approach to personal or professional development where a more experienced individual guides another individual in developing specific skills and achieving goals through personalized advice and feedback.

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An assessment of how accurately a predictive model represents the process it was designed to emulate, often measured in metrics such as accuracy, precision, and recall.