Review the Following Diagram

question 14

Multiple Choice

Review the following diagram.Which answer provides the best interpretation of the multiplicities for the association between the Employees and Production Authorization classes?

• A) The employee records the completion of a job and updates finished goods.
• B) Each production authorization results in the increase to the quantity on hand of one product.
• C) Employees manage multiple products.
• D) One employee can authorize production multiple times.

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Definitions:

Raw Materials Inventory

This is the stock of basic materials waiting to be processed into finished goods.

Raw Materials Used

The basic materials and components required in the production process of goods.

Work in Process

Work in Process represents partially completed goods that are still in the production process at the end of a reporting period.

Labor Rate Variance

The difference between the actual cost of labor and the standard or budgeted cost, used to control and manage labor costs effectively.