A Process in Which Change Is Initiated Based on Some

question 14

Multiple Choice

 A process in which change is initiated based on some anticipatory event or opportunity on the horizon is known as _____ change.

• A) planned
• B) organic
• C) incremental
• D) proactive

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Definitions:

Assembly Department

A part of a manufacturing firm where parts are put together to create finished goods.

Work In Process Inventory

Goods partially completed during the manufacturing process, not yet ready for sale.

Units Transferred

The quantity of items moved from one stage of production or location to another within a given period.

Step-Down Method

A cost allocation method used in accounting and finance to distribute indirect costs to different departments or products.