Match Each of the Following Terms with the Appropriate Definitions

question 128

Multiple Choice

Match each of the following terms with the appropriate definitions.

-Hybrid manufacturing system

• A)Costing system to determine the cost of producing each job or job lot.
• B)Document that summarizes the materials a department uses during a reporting period; replaces materials requisition.
• C)Report of costs charged to a department, its equivalent units of production achieved, even the costs assigned to its output.
• D)A manufacturing system that contains features of both process and job order systems.
• E)Number of units that would be completed if all effort during a period had been applied to units that were started and finished.
• F)System of assigning direct materials, direct labor, and overhead to specific processes; total costs associated with each process are then divided by the number of units passing through that process to determine cost per equivalent unit.
• G)Process of products in a continuous flow of steps.

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Definitions:

Collective Agreement

A written contract of employment, typically negotiated by an employer and representatives of the workforce, outlining terms and conditions of employment.

Lockout

An action in which the employer prevents employees from working.

Trade Union

An organized association of workers formed to protect and further their rights and interests; typically involved in labor negotiations.

Certification Process

The certification process is a procedure by which an individual, product, or organization is verified to meet specific standards or qualifications, often involving an assessment or examination.