To see who truly understands purchasing and materials management, answer the five questions below (each are worth 2 points each). Individually EMAIL your answers to me. DO NOT post your answer as a reply to this forum. If you do not follow this directive then you will not receive the credit. Those who follow the directions and answer the questions correctly can earn up to 10 points towards your lowest research assignment grade. The deadline to answer all five questions are Saturday, November 5th. Shrinkage is calculated using which of these formulas? (2 pts) Total number of units on hand Average daily units used Cost of goods sold Average inventory Net income Inventory (Total book value Observed value) Inventory 2. True or False: Culturally, materials management is similar to housekeeping and maintenance. (2 pts) 3. Supply billing is based on two different coding systems. What are they? (2 pts) 4. Code sets that describe supply items include which of the following? (2 pts) a. DRG b. UPS c. HCPCS d. ICD 5. True/False-Hospitals generally adopt one best markup percentage for fees associated with supplies. (2 pts