A document sent by the purchasing department to order a specific quantity of goods or services is called a: O a, Bill of lading. O b. Purchase invoice. c. Purchase order. d. Request for bids

A key weakness of the high-low method is that it ignores much of the underlying data set. O True O False

For an automobile manufacturer, the cost of a driver's side air bag purchased from a supplier and installed in every automobile would best be described as automobile. a. Period cost. O b. Fixed cost. c. Variable cost. O d. Mixed cost.