An Operations Flow Document

question 109

Multiple Choice

An operations flow document

• A)tracks the cost and quantity of material through an operation.
• B)tracks the network of control points from receipt of a customer's order through the delivery of the finished product.
• C)specifies tasks to make a unit and the times allowed for each task.
• D)charts the shortest path by which to arrange machines for completing products.

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Definitions:

Treasury Stock

Shares repurchased by the issuing company, reducing the amount of outstanding stock on the open market.

Shares Outstanding

The total number of shares of stock that are owned by investors, including both public shareholders and company insiders.

Market Price

The existing rate at which a service or asset is traded within a marketplace.

Buy Back

A corporate action in which a company purchases its own shares from the marketplace, reducing the number of outstanding shares.