The ____________ File Lists the Materials Needed to Build a Product

question 58

Multiple Choice

The ____________ file lists the materials needed to build a product.

• A) master production schedule
• B) bill of material
• C) inventory records
• D) material needs
• E) build structure

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Definitions:

Entrepreneur

An individual who creates, organizes, and operates a business venture, taking on greater than normal financial risks in order to do so.

Business Plan

A formal document detailing a business's objectives, strategies, target market, and financial projections.

Limited Liability Corporation

A business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.

Sole Proprietorship

A business structure where a single individual owns and operates the entire business, bearing all financial risks and responsibilities.