Seth, an Administrative Manager at Seal Inc

question 37

Multiple Choice

Seth, an Administrative Manager at Seal Inc., is asked to purchase ten printers for the firm's office. He contacts a sales representative at Myro Distributors Inc. and places an order for ten printers. Myro Distributors Inc. purchases the printers from Ink Corp., a wholesaler, and delivers them to Seth at his office. In this scenario, Myro Distributors Inc. is most likely to be a(n) _____.

• A)producer
• B)retailer
• C)institution
• D)manufacturer

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Definitions:

Immaterial Variances

Minor variances in accounting that are not significant enough to affect decision-making processes.