Which of the Following Is an Example of an Organization

question 1

Multiple Choice

Which of the following is an example of an organization that would use job-order accounting?

• A)a custom construction company.
• B)an oil refinery.
• C)a cereal processor.
• D)None of the answers is correct.

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Definitions:

Work Expected

The anticipated amount of work or output that is expected from a process, project, or employee within a given timeframe.

Employee

An individual who works part-time or full-time under a contract of employment, providing labor to an employer in return for wages or salary.

Management Functions

Activities such as planning, organizing, leading, and controlling that are performed by management to efficiently and effectively coordinate the work of an organization.

Planning

The process of making plans for something, including setting goals and determining the means to achieve them.