Which One of the Following Statements Is True

question 56

Multiple Choice

Which one of the following statements is true?

• A)Postponement is the process of delaying orders from suppliers because it is very difficult to order from geographically dispersed businesses.
• B)General Motors supply chain is a good example of a push system.
• C)Dell Computers supply chain is a good example of push system.
• D)Flexibility and responsive service are top priorities compared to low cost in an efficient supply chain.

Recognize how to calculate the total assigned cost to units transferred to the next department.

Learn the process of calculating the cost of ending work in process inventory.

Understand the process of recording the completion of production processes in financial records.

Grasp the process of starting units into production and tracking through the system.

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Definitions:

Holding Companies

Entities created to own the outstanding stock of other companies, controlling their policies and management.

Subsidiary

A company that is completely or partly owned and partly or wholly controlled by another company.

Ownership

The state or fact of owning something, which can involve possessing property, shares in a company, or any asset that grants the owner legal rights and responsibilities.

Horizontal Mergers

A business consolidation that occurs between firms that operate in the same industry or production stage.