Which Manager Is Usually Held Responsible for Labor Price Variances

question 142

Multiple Choice

Which manager is usually held responsible for labor price variances?

• A) Sales manager
• B) Purchasing agent
• C) Marketing manager
• D) Production supervisor

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Definitions:

Imports

Products and services imported into a country from overseas to be sold.

Financial Assets

Assets that derive value because of a contractual claim, such as stocks, bonds, and bank deposits.

Current Account

A component of a country's balance of payments that measures the trade of goods and services, net earnings on investments, and transfer payments.

Tangible Products

Physical items that can be seen, touched, and used, as opposed to services or digital goods.