In Which of the Following Decisions Do Managers Determine Which

question 161

Multiple Choice

In which of the following decisions do managers determine which projects will actually receive funds by rank-ordering them based on selected criteria?

• A)Hurdle
• B)Screening
• C)Capital
• D)Preference

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Definitions:

Materials Requisitions

Documents or electronic requests used in manufacturing to authorize the release of materials from inventory for production.

Job Order Cost Accounting

A cost accumulation and assignment method, specifically used for tracking and reporting costs for each individual job or project separately.

Manufacture

The process of converting raw materials or components into finished goods through the use of labor, machinery, tools, and chemical or biological processing.

Indirect Materials

Materials used in the production process that are not directly traceable to the finished product.