A Change in Responsibility, That Is, a Different Person or Organization

question 33

Multiple Choice

A change in responsibility, that is, a different person or organization takes over responsibility for continuing the work, it should define

• A) the end of one activity and the start of other activities in the network diagram.
• B) predecessor activities in a network diagram.
• C) activities in the network diagram that must be completed serially.
• D) activities in the network diagram that that must be completed concurrently.

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Definitions:

Cost Pool

A collection of specific expenses, usually organized by department or service area, used as a basis for assigning costs to products or services.

Direct Materials Dollars

The total cost of all the raw materials used in the production of a product.

Factory Overhead Rate

Factory overhead rate is the method of allocating indirect manufacturing costs, like utilities and rent, to individual units of production based on a specific allocation base.

Assembly Department

a division within a manufacturing plant where components are put together to create a final product.