Author Question: Costs that directly affect the department of interest on the profit and loss statement are called ... (Read 56 times)

809779 · **on:** Sep 11, 2018

Costs that directly affect the department of interest on the profit and loss statement are called _______________.

a. Shortage
b. Markdowns
c. Direct expenses
d. Indirect expenses
e. Cash discount
f. None of the above

Question 2

The major function of the resident buying office is

a) to purchase merchandise for the retailer, b) to provide advisory information, c) to visit vendors, d) none of these.