A Manager Spots and Corrects Problems in the Manufacturing Cycle

question 213

Multiple Choice

A manager spots and corrects problems in the manufacturing cycle. Which of the following types of control does the manager practice?

• A) output control
• B) concurrent control
• C) preliminary control
• D) feedback control
• E) post-action control

---

Definitions:

Average Inventory

The mean stock held by a company over a certain period, calculated by adding the beginning and ending inventory and then dividing by two.

Beginning Inventory

The value of all goods held for sale by a company at the start of an accounting period.

End of Quarters

The conclusion of each quarter in a fiscal year, significant for financial reporting and assessment.

Beginning Inventory

The value of goods available for sale at the start of an accounting period, essential for calculating cost of goods sold and inventory turnover.