End Item a Is Made by Assembling 2 of Part

question 36

Multiple Choice

End item A is made by assembling 2 of part B and 3 of part C.Part C is made from 2 of component D and 2 of component E.Component D is considered to be a:

• A)Level 0.
• B)Level 1 input.
• C)Level 2 input.
• D)Level 3 input.

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Definitions:

Lockbox

A service offered by banks to companies for the collection of payments from customers, involving a special post office box to speed up the deposit process.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or within the normal operating cycle of the business, whichever is longer.