Line Managers Issue Orders, Enforce Discipline, and Adjust the Organization

question 24

True/False

Line managers issue orders, enforce discipline, and adjust the organization as conditions change.

---

Definitions:

Budgeted Cost

An estimate of costs, revenues, and resources over a specified period, reflecting a reading of future financial conditions and goals.

Homogeneous

Describing products or materials that are uniform in composition or character; identical items with no variance.

Conversion

The process of changing resources or inputs into outputs such as goods or services, often referring to the labor and overhead costs associated with manufacturing.

Direct Materials

Raw materials that are directly incorporated into a finished product and can be directly allocated to that product.