The manufacturing budget for most companies consists of three individual budgets: __________________ budget, _____________ budget, and _____________ budget.

Fill in the blank(s) with the appropriate word(s).

Answer: direct materials, direct labor, overhead

Business

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Mistakes stemming from workers' inadequate training represent an assignable cause of variation

Indicate whether the statement is true or false

Business

As the size of a work group increases, responsibility for the outcomes of the group's decisions becomes diffused

Indicate whether the statement is true or false

Business