Which Statement Best Reflects the Responsibility for Setting Price Standards

question 89

Multiple Choice

Which statement best reflects the responsibility for setting price standards for materials and labour?

• A) Purchasing must record price standards.
• B) Personnel must consider discounts, freight, and quality.
• C) Purchasing must consider payroll taxes, fringe benefits, and qualifications.
• D) It is the joint responsibility of operations, purchasing, personnel, and accounting.

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