Which of the Following Statements About Cycle Time Is Not

question 49

Multiple Choice

Which of the following statements about cycle time is not true?

• A) Cycle time refers to the total elapsed time from the beginning of a process to its end.
• B) Shorter cycle times mean that problems are caught earlier in the process.
• C) Finding ways to reduce cycle time often means finding ways to simplify production steps.
• D) The fewer steps in a production process, the more likely that an error will occur.
• E) Information systems can help reduce cycle time.

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Definitions:

Manufacturing Costs

Expenses directly related to the production of goods, including raw materials, labor, and overhead costs.

Control Account

A summary account in the general ledger that consolidates the details recorded in subsidiary ledgers for easier and more effective financial analysis.

Raw Materials Inventory

The stock of unprocessed materials used in the manufacturing process.

Factory Labor

Workforce involved in producing goods within a factory setting, often comprising a significant portion of production costs.