Zach is employed by Scott Paper Company and is a key account manager on the WalMart team based in Bentonville, AR so he can be near the corporate headquarters of WalMart. Zach was selected to lead the WalMart purchasing team for paper towels, toilet tissue and other paper products. He coordinates vendors, analyzes sales data, assists with plan-a-gram layouts, and is responsible for interacting with other suppliers in addition to the purchasing and logistics teams at WalMart. Zach's role at WalMart is known as a(n):

If you offer up your car as a demonstration that you will pay off your loan to a bank or another financial lending institution, you are using your car as collateral. true false

Wallis company manufactures only one product and uses a standard cost system. the company uses a predetermined plantwide overhead rate that relies on direct labor-hours as the allocation base. all of the company's manufacturing overhead costs are fixed—it does not incur any variable manufacturing overhead costs. the predetermined overhead rate is based on a cost formula that estimated $2,886,000 of fixed manufacturing overhead for an estimated allocation base of 288,600 direct labor-hours. wallis does not maintain any beginning or ending work in process inventory.

Match each of the terms below with an example that fits the term. a. fungibility the production of gasoline b. inelasticity the switch from coffee to tea c. non-excludability the provision of national defense d. substitution the demand for cigarettes