In the ________ Process,raw Materials,subcomponents,and Accessories Are Procured Based on Forecasts,but

question 98

Multiple Choice

In the ________ process,raw materials,subcomponents,and accessories are procured based on forecasts,but actual manufacturing does not start until sales orders are received.

• A) order-to-cash
• B) procure-to-pay
• C) make-to-stock
• D) acquire-to-dispose
• E) make-to-order

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Definitions:

Materialman's Lien

A legal claim against a property by a contractor, supplier, or worker for unpaid labor or materials provided for improving the property.

Accommodation Surety

is a guarantor who agrees to be responsible for another's debt or obligation as a favor, without receiving any benefit.

Compensated Surety

A compensated surety refers to a person or entity that is paid to guarantee the performance of an obligation by another party.

Difference

The result or discrepancy when comparing two or more entities, indicating distinction or variation between them.