Chapter 11-2 - Chapter 11 1.) Most of the time the...

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Chapter 11 1.) Most of the time the conversion process involves the manufacture or production of: A) Work in Process B ) Finished Goods C) Raw Materials D) Labor E ) Overhead 2.) Which type of manufacturing process involves the production of an established number of product units, or particular jobs such as car repair, the printing of a customized wedding invitation, or a consulting engagement? A) Continuous processes B) Established run processes C)Batch processes D) Production employee processes E ) Ongoing run processes 3.) Which kind of relationship identifies the "who" for each event in a conversion process? A) Dualit y B ) Stockflow C) Fulfillment D)Participation E ) Reservation
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4.) Which kind of relationship in a conversion cycle reveals "why" the enterprise engages in the economic events of the cycle? A)Duality B ) Stockflow C) Fulfillment D ) Participation E ) Reservation 5.) A relationship in which an enterprise trades one or more resources for one or more different resources is called a(n) _______ duality relationship. A
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Chapter 11-2 - Chapter 11 1.) Most of the time the...

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