A Policy Think Tank Requires All Candidates Applying for the Position

question 55

Multiple Choice

A policy think tank requires all candidates applying for the position of vice-president to have a minimum of 10 years of experience in governmental organizations, international business, or multinational non-profits. This is an example of _____ operations control.

• A) preliminary
• B) screening
• C) structural
• D) postaction
• E) decentralized

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Definitions:

Direct Labor Hours

The cumulative hours spent by workers directly engaged in manufacturing products or delivering services.

Activity-Based Cost

A costing method that identifies activities in an organization and assigns the cost of each activity to all products and services according to the actual consumption.

Indirect Labor

Labor costs associated with tasks that do not directly contribute to the production of goods or services, such as administrative and maintenance roles.

Activity Pools

Groups of related business activities in activity-based costing, where costs are pooled by common characteristics to allocate them accurately to products or services.