___________ Involves Taking a Number of Component Materials,such as a Board,nuts

question 25

Multiple Choice

___________ involves taking a number of component materials,such as a board,nuts and bolts,and putting them together to produce the desired finished product,such as a skateboard.

• A)assembling
• B)manufacturing
• C)discrete manufacturing
• D)process manufacturing

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Definitions:

Profit Center

A segment of a company that is directly responsible for generating its own revenue and profit, often evaluated independently for performance assessment.

Long-Term Liabilities

financial obligations of a company that are due more than one year in the future, including bonds payable, long-term lease obligations, and pension liabilities.

Service Department Charges

Expenses allocated to a company's operational departments that provide support or services to other internal departments rather than directly to customers.

Operating Expenses

These are costs associated with the day-to-day operations of a business, excluding cost of goods sold, and may include rent, utilities, and salaries.