Which of the Following Is One of the Major Functions

question 31

Multiple Choice

Which of the following is one of the major functions of shop-floor control?

• A) Observing the priorities set for each shop order
• B) Keeping work-in-process inventory out of the way
• C) Conveying shop-order status information to the office
• D) Controlling cost and materials waste
• E) Keeping the workforce fully utilized

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Definitions:

Office Salaries Expense

An account that records the total salary expenses for office employees over a certain period.

Travel Expense

Costs associated with traveling for the purpose of conducting business, including transportation, lodging, and meals, which are often reimbursable by an employer.

Capital Expenditure Budget

The capital expenditure budget outlines planned investments in long-term assets, including equipment, property, and other significant infrastructure projects.

Minimum Cash Balance

The smallest amount of cash that a company decides to hold in its accounts to ensure liquidity and smooth operations.