Question
 Who is typically responsible for the Material Price
Variance?Solution
The Material Price Variance is primarily the responsibility of the Purchase Manager, as it relates to the difference between the actual price paid for materials and the standard price. The Purchase Manager's role includes negotiating prices and selecting suppliers, which directly impacts the material price variance.
The PM-PRANAM scheme was introduced to promote the use of biofertilizers and organic fertilizers, thereby reducing the reliance on chemical fertilizers....
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Which one is not a recognised key skill of management?
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