Which One of the Following Outcomes Is Most Desirable in Terms

question 30

Multiple Choice

Which one of the following outcomes is most desirable in terms of product quality when two or more employees are uncertain as to who is responsible for a particular task?

• A)Employees spend valuable time negotiating each aspect of the job.
• B)Both the employees perform the task.
• C)One of the two employees performs the job.
• D)Neither employee performs the job.
• E)The task is reassigned to a different employee.

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Definitions:

Weighted-Average Method

An inventory costing method where costs of goods sold and ending inventory consist of a weighted average of all purchases and manufactured goods during the period.

Cost Reconciliation Report

A financial report that explains the differences or reconciles the variations between the cost of beginning inventory plus purchases and the cost of goods sold.

Equivalent Units

A concept used in cost accounting to express the amount of work done on incomplete products in terms of fully completed units of output.

Molding Department

A specialized department in a manufacturing facility where molding processes, such as injection molding, are carried out to form parts or products.