Purchasing Managers Rely on Internet ______________ ______________ to Quickly Identify

question 231

Multiple Choice

Purchasing managers rely on Internet ______________ ______________ to quickly identify new supplies.

• A) Procurement engines
• B) Online communities
• C) Purchasing sites
• D) Search engines

---

Definitions:

Factory Depreciation

The decrease in value of manufacturing facilities and equipment over time due to wear and tear or obsolescence.

Cost of Goods Manufactured

The total expense incurred by a company to produce goods during a specific period, including labor, material, and overhead costs.

Manufacturing Overhead

All manufacturing costs excluding direct materials and direct labor.

Raw Materials Inventory

The total cost of all the components needed to manufacture a product that a company has in stock.