The Domains of Cost Concerns and Responsibilities Are Listed

question 97

Multiple Choice

The domains of cost concerns and responsibilities are listed.Which choice is wrong?

• A)P/OM is accountable for variable costs per unit.
• B)P/OM and finance are mutually involved in major determinants of fixed costs.
• C)P/OM and marketing have to work out the price per unit that customers are to be charged and the demand volume that should result from the production process.
• D)P/OM is solely responsible for decisions concerning the volume of output.

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Definitions:

Employment

The condition of having paid work or the relationship between an employee and employer where the former performs tasks in exchange for compensation.

Hiring Decisions

The process of evaluating candidates and selecting individuals for employment in an organization.

Environmental Influences

Factors in one's surroundings that impact their development, behavior, and survival.

Adopted Children

Children who are legally taken into a family that is not their birth family and are raised as a member of that family.