Which of the Following Statements Is False

question 89

Multiple Choice

Which of the following statements is false?

• A)Management designs the operations and information processes and establishes these processes with people, equipment, and policies.
• B)Information process users include operations personnel, management, and people outside the organization.
• C)Operations related and accounting related processes are designed by those external to the organization.
• D)None of the statements are true.

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Definitions:

Cycle Time Length

The total time from the beginning to the end of your process, as defined by you and your customer. It measures the time taken to complete a single process cycle effectively.

Activity-Based Costing

A costing method that identifies activities in an organization and assigns the cost of each activity to all products and services according to the actual consumption by each.

Profitability

An indicator of a business's ability to generate earnings compared to its expenses and other relevant costs incurred during a specific period of time.

Order Management Process

A sequence of steps designed to effectively take, process, and fulfill orders to customer specifications, ensuring a cohesive flow from receipt to delivery.