Which of the Following Statements Is TRUE

question 51

Multiple Choice

Which of the following statements is TRUE?

• A) The person most responsible for initiating the use of interchangeable parts in manufacturing was Eli Whitney.
• B) The origins of management by exception are generally credited to Frederick W. Taylor.
• C) The person most responsible for initiating the use of interchangeable parts in manufacturing was Walter Shewhart.
• D) The origins of the scientific management movement are generally credited to Henry Ford.
• E) The person most responsible for initiating the use of interchangeable parts in manufacturing was Henry Ford.

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Definitions:

Factory Overhead

All indirect costs incurred during the manufacturing process, excluding direct materials and direct labor costs.

Direct Labor

Labor costs that are directly associated with the production of goods or the provision of services.

Nails and Screws

Basic hardware items used in construction and carpentry to fasten materials together.

Direct Cost

Expenses directly attributable to the production of goods or services, such as raw materials and labor.