Which of the Following Is One Way in Which Companies

question 24

Multiple Choice

Which of the following is one way in which companies have tried to avoid the training problem inherent in being an international company?

• A) Hiring nationals to staff overseas operations
• B) Standardizing all procedures in English operations
• C) Lobbying the United Nations for a World Chamber of Commerce
• D) Global Positioning Satellite technology

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Definitions:

Predetermined Overhead Rate

A rate used to allocate overhead costs to products or job orders, calculated in advance based on estimated costs and activity levels.

Materials Requisition

The form or electronic transmission used by a manufacturing department to authorize materials issuances from the storeroom.

Materials Ledger

The subsidiary ledger containing the individual accounts for each type of material.

Time Ticket

A record or document that tracks the amount of time an employee spends on various tasks or jobs, often used for billing and payroll.