Management by Objectives (MBO)emphasizes Setting Goals with the Employee; According

question 122

Multiple Choice

Management by objectives (MBO) emphasizes setting goals with the employee; according to MBO,goals should be

• A)easy to attain.
• B)approved by management.
• C)tangible,verifiable,measurable.
• D)easy to create and develop.
• E)general in nature.

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Definitions:

Manufacturing Overhead

All the costs associated with manufacturing a product that cannot be directly attributed to a specific unit of production, such as factory rent, utilities, and maintenance.

Machine-Hours

A measure of the number of hours a machine is operated in a given period.

Predetermined Overhead Rate

A rate used to allocate manufacturing overhead costs to products or job orders, based on a cost driver, calculated before the period begins.

Manufacturing Overhead

All indirect costs associated with the manufacturing process, including utilities, rent, and salaries for managers.