Which of the Following Is True of Committees

question 44

Multiple Choice

Which of the following is true of committees?

• A) They are led by a designated head or chairperson, who is held accountable for performance results.
• B) They emerge from natural or spontaneous relationships among people.
• C) They are formed to engage group members in an open, spontaneous discussion of problems.
• D) They bring people together to work on common problems, but on a temporary basis.
• E) They primarily exist as support groups in which the members basically help one another do their jobs.

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Definitions:

Equivalent Units

A concept in cost accounting used to allocate costs to partially completed goods, converting them into the number of completed units they represent.

Materials

The raw inputs used in the manufacturing process to create a finished product.

Weighted-Average Method

A cost accounting method that calculates the cost of equivalent units of production by considering the weight of the cost of current and prior periods' goods.

Equivalent Units

A concept used in cost accounting to express the amount of work done by manufacturers in terms of fully completed units.