In the Context of Manufacturing Operations, Unlike Make-To-Order Operations, Make-To-Stock

question 29

Multiple Choice

In the context of manufacturing operations, unlike make-to-order operations, make-to-stock operations:

• A) produce highly specialized products.
• B) involve the highest degree of processing.
• C) do not start assembling products until a customer order is received.
• D) are highly dependent on the accuracy of sales forecasts.

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Definitions:

Supplier's Account

An account kept by a business to record transactions (like purchases and payments) related to a specific supplier.

Purchases Journal

A specialized accounting journal used to record all purchases of merchandise, inventory, and other supplies on credit.

Life Vests

Safety devices designed to keep an individual afloat in water and reduce the risk of drowning.

Customer Account

An account that records all transactions between a business and its customers, including purchases, payments, and credits.