ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

PRODUCTION PLANNING AND CONTROL

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Consists of settling the actual costs incurred in the order to one or more receiver cost objects
A
Material Withdrawal
B
Confirmations
C
Goods Receipt
D
Order Settlement
Explanation: 

Detailed explanation-1: -Settlement is nothing but you are settling the variances of a production order. The variance is nothing but the difference between the planned and actual values of raw materials, activities etc. The difference will be settled to the production variance accounts.

Detailed explanation-2: -This is the settlement of actual costs that were incurred on the sender. These are settled to the receiver specified in the settlement rule. KOAO is the business transaction for actual settlement. If it is selected, then the actual costs of the sender are settled to the receiver specified by the settlement rule.

There is 1 question to complete.