[Solved] An enterprise may decide to purchase the product rather than producing it if is _________.

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An enterprise may decide to purchase the product rather than producing it if is _________.

A. cheaper to buy than make

B. cheaper to make than buy

C. costlier to buy than make

D. Both B & C

Answer: (b) An enterprise may decide to purchase the product rather than producing it if is cheaper to buy than make.

More Questions

1. Pricing is one of the most important decision areas of ________.

2. Factors that make influence of firms decision to buy a part rather than produce it internally includes

3. If the margin of safety is _______, the form can withstand fall of sales and can continue to be in some profit.

4. Fixing ________ is a major decision taking function of any enterprise.

5. If the price is _______ the seller may not find enough number of consumers to buy his product.

6. If the price fixed is ________, the seller may not be able to cover his cost.

7. A pricing decision is one of the __________ decision that the firm has to make.

8. Pricing decisions have ________ importance in any enterprise.

9. Internal user of accounting information for decision making is ________ 10. The main aim of management accounting is to help management in its functions of _________.

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