The function of plant manager, in which he is responsible for new assets investment is termed as _____________?
Correct answer: A. line function
- A. line function
- B. staff function
- C. asset function
- D. investment function
Explanation
A plant manager performs a line function because the role has direct operational responsibility and authority over plant resources, including investment in new assets. Staff functions mainly provide advice or specialist support without direct command over operations.
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About Cost Accounting
Cost accounting measures and analyses the cost of producing goods or providing services for planning, control and pricing decisions. It covers direct and indirect costs, fixed and variable costs, job and process costing, break-even analysis, marginal costing, overhead allocation, and the difference between product cost and period cost.
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