Which of the Following Is Not True Regarding Establishing Sourcing

question 50

Multiple Choice

Which of the following is not true regarding establishing sourcing team goals?

• A) Teams with established goals often use those goals as a basis for evaluating how well the team is performing.
• B) Teams will establish, on average, challenging rather than easy goals.
• C) External pressure on a team to set goals usually results in the setting of more challenging goals.
• D) Teams establish goals only because they have to.
• E) Teams with goals perform better, on average, than teams that are asked simply to perform their best without explicit end goals.

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Definitions:

Materials Cost

The total expense incurred in acquiring raw materials used in the manufacturing process of products.

Work in Process

Goods that are currently being manufactured but have not been finished.

Beginning Work in Process

The inventory of partially finished goods or work in progress at the start of an accounting period.

Units Transferred Out

In process costing, the total units moved from one production process or department to the next during a given period.