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In a Factory with Several Processes, There May Be One

question 51

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In a factory with several processes, there may be one or more service departments that do not process the materials directly. Which of the following is not an example of a service department?


Definitions:

Drawer

In a financial context, the person who writes or issues a check or draft instructing a bank to pay a specified sum of money to a designated party.

Liable

Legally responsible or obligated.

Promissory Note

A written and legally binding promise to pay a specific sum of money to a designated party at a specified time or on demand.

Endorsed

The act of signing one's name on the back of a document, typically a financial instrument, indicating approval or transfer of rights.

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