The Production Department Should Generally Be Responsible for Materials Price

question 135

Multiple Choice

The production department should generally be responsible for materials price variances that resulted from:

• A) purchases made in uneconomical lot-sizes.
• B) rush orders arising from poor scheduling.
• C) purchase of the wrong grade of materials.
• D) changes in the market prices of raw materials.

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Definitions:

Thoracentesis

A medical procedure performed to remove fluid or air from the pleural space surrounding the lungs to diagnose or treat diseases.

Surgical Excision

The removal of tissue, an organ, or a tumor from the body by cutting, typically during surgery.

Cardiac Notch

A concave space on the left lung's surface that accommodates the heart, allowing space for the heart to beat without restriction.

Mucus Streaming

The movement or flow of mucus within the body, typically observed in certain cells or during certain physiological conditions.