A Buyer Expressing Resistance Because He or She Is Loyal

question 32

Multiple Choice

A buyer expressing resistance because he or she is loyal to another supplier is raising a _____.​

• A)​time objection
• B)price objection
• C)​company objection
• D)​product objection
• E)​need objection

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Definitions:

Activity-Based Costing

An accounting method that assigns costs to products or services based on the activities they require, for more accurate product costing.

Activity Costs

Expenses associated with specific activities within a manufacturing or service delivery process, including labor, materials, and overhead.

Flexed

Adjusted to reflect a change in the level of activity or volume, often used in budgeting to show how costs vary with different levels of output.

Standard Costing System

A cost accounting method that assigns expected costs to products in order to estimate the cost of production and help with budget planning.