Question

While Tier 2 suppliers are not always vendors that a manufacturer would order directly from, it's...

While Tier 2 suppliers are not always vendors that a manufacturer would order directly from, it's important that they perform audits on these vendors.

T or F

Homework Answers

Answer #1

For any help regarding the answer, pls write in the comments section and i will get back to it as soon as possible. Do give a positive rating if the answer helped you.

The answer to the following question is True, Tier 2 supplier raw materials that are necessary for manufacturing unlike 1st tier suppliers which supply intermediate components. Whereas, both the Tier suppliers hold the same value and is important to perform the audit as it is an integral part of the business process.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
T/F 6. In determining which vendor to order goods from, the purchasing department should always use...
T/F 6. In determining which vendor to order goods from, the purchasing department should always use its customary vendor. T/F 7. Confirmation of accounts payable is generally mandatory. T/F 8. The purchase cutoff test involves determining that purchase transaction occurring near the balance sheet data are recorded in the proper time period. T/F 9. In a review of financial statements under SSARS, the accountant must obtain an understanding of the clients internal control, but need not perform test of controls....
If you buy a computer directly from the manufacturer for $ 2 comma 749 and agree...
If you buy a computer directly from the manufacturer for $ 2 comma 749 and agree to repay it in 60 equal installments at 1.83 % interest per month on the unpaid​ balance, how much are your monthly​ payments? How much total interest will be​ paid?
Michael McNamara and Gregory Lau met while in university and always knew they wanted to be...
Michael McNamara and Gregory Lau met while in university and always knew they wanted to be in business together. Shortly after university Michael went to work for a large mulinational firm while Gregory pursued an MBA. After several years of experience the firm Lau McNamara was established on July 1, 1984 and the firm experienced slow but steady growth over time. It is now 2020 and Lau McNamara has grown to total staff of 55 employees and revenues exceeding $13,000,000...
1. True/False/Uncertain: There may always be someone who loses from trade. (Hint: when T/F/U questions do...
1. True/False/Uncertain: There may always be someone who loses from trade. (Hint: when T/F/U questions do not specify a model, your answer must consider all models that could apply, explain how they apply, and what their response would be.) 2. True/False/Uncertain: According to the Ricardian model, relative prices are always dictated by your country's labor productivity in each industry. 2. True/False/Uncertain: According to the Ricardian model, relative prices are always dictated by your country's labor productivity in each industry.
How can differential analysis be applied here to determine if it would be profitable to invest...
How can differential analysis be applied here to determine if it would be profitable to invest in new equipment to increase capacity for a constrained resource? KRAYDEN’S CYCLE COMPONENTS INTRODUCTION: COMPANY, PRODUCT, AND SUPPLY CHAIN Krayden’s Cycle Components (KCC) is a high-end specialty fabricator that manufactures one product with many variants. The basic product is known as a rolling chassis, a key component used in manufacturing motorcycles. While there are variations across the industry, a rolling chassis typically consists of...
Q1 .A manufacturer of computer workstations gathered average monthly sales figures from its 56 Branch offices...
Q1 .A manufacturer of computer workstations gathered average monthly sales figures from its 56 Branch offices and dealerships across the country and estimated the following demand for its product : Q = +15,000-2.8 P+150A+0.3Ppc+0.35Pm +0.2Pc (4,234) (1.29) (175) (0.12) (0.17) (0.13) R^2 = 0.R F= 21.25 R^2 = 0.68    The variables and their assumed values are Q= QUANTITY P = PRICE OF BASIC MODEL = $7,000 A = ADVERTISING EXPENDITURES (IN THOUSANDS ) =$52000 Ppc = Avg price of...
Problem #2 Bumble likes going to his local Subway and always orders a foot-long meatball sandwich...
Problem #2 Bumble likes going to his local Subway and always orders a foot-long meatball sandwich there, as he finds the satisfaction he gets from a foot-long sandwich to be priceless. Over the past month, however, Bumble has been constantly hungry. He suspects the meatball sandwiches at his local Subway to be shrinking on average. Bumble has randomly sampled 20 of those ‘supposedly’ one-foot-long (12 inches) meatball sandwiches at that local Subway and has found a sample mean length of...
Problem #2 Bumble likes going to his local Subway and always orders a foot-long meatball sandwich...
Problem #2 Bumble likes going to his local Subway and always orders a foot-long meatball sandwich there, as he finds the satisfaction he gets from a foot-long sandwich to be priceless. Over the past month, however, Bumble has been constantly hungry. He suspects the meatball sandwiches at his local Subway to be shrinking on average. Bumble has randomly sampled 20 of those ‘supposedly’ one-foot-long (12 inches) meatball sandwiches at that local Subway and has found a sample mean length of...
15. Ravsten Company uses a job-order costing system. On January 1, the beginning of the current...
15. Ravsten Company uses a job-order costing system. On January 1, the beginning of the current year, the company’s inventory balances were as follows:      Raw materials $ 20,000   Work in process $ 11,600   Finished goods $ 30,800 The company applies overhead cost to jobs on the basis of machine-hours. For the current year, the company estimated that it would work 36,800 machine-hours and incur $171,120 in manufacturing overhead cost. The following transactions were recorded for the year: Raw materials...
Question 2 (Total 10 Marks) Corporation Act 2001 (Cth) Gerry Bell and his wife Tina are...
Question 2 (Total 10 Marks) Corporation Act 2001 (Cth) Gerry Bell and his wife Tina are directors of a company which trades as a small fishing retail business (G&T Bell Pty Ltd). Tina always said she wanted to marry Gerry because he was an accountant and she thought he had the financial knowledge that she did not possess. She trusted his business acumen. The business operates from a small shop near Darwin’s waterfront worth $300,000 which the company owns, although...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT