Which of the Following Is False

question 78

Multiple Choice

Which of the following is false?

• A) top management commitment is essential if supply chain efforts are to have any chance of success
• B) some companies are uncomfortable with the concept of customer power in supply chains
• C) senior management commitment to supply chain management occurs in one of every two organizations
• D) some companies are hesitant to enter into long-term relationships because such relationships might be perceived as limiting a company's operational flexibility
• E) all of the above are true

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Definitions:

Conversion Costs

The combined costs of direct labor and manufacturing overhead incurred to convert raw materials into finished goods.

Machine Hours

A measure of production output or activity based on the number of hours machinery is in operation, used in cost accounting to allocate expenses to products.

Cost of Quality Report

A detailed report that quantifies the total cost of quality-related efforts and deficiencies.

Activity Costs

The expenses associated with a specific business activity or operation.