[Solved] _______ is the act of choosing between manufacturing a product in house or purchasing it from an external supplier.

_______ is the act of choosing between manufacturing a product in house or purchasing it from an external supplier.

A. Pricing decision

B. Make or buy decision

C. Budgeting decision

D. EOQ

Answer: (b) Make or buy decision is the act of choosing between manufacturing a product in house or purchasing it from an external supplier.

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 _________.

More Questions

1. _______ is the act of choosing between manufacturing a product in house or purchasing it from an external supplier.

2. In a make or buy decision, the most important factor(s) to consider is ________.

3. GAAP in financial accounting stands for _______

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

5. A ________ is the catalog of items one should sell at their business.

6. Optimizing product mix can ________ the profits.

7. Advantages of break even analysis includes ______.

8. A budget is a ________ financial plan.

9. The excess of actual or budgeted sales over the break even sales are called ________.

10. The size of ________ is an important indicator of the strength of business.

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