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Metal Fabricators,Inc

Question 12

Short Answer

Metal Fabricators,Inc.manufactures file cabinets.Some of the company's activities are listed below.Identify the phase of the management cycle in which each activity occurs.Use (PL)for planning,(PR)for performing,and (E)for evaluating.
______ (a.) Management sets a goal of obtaining a 22% share of the total market.
______ (b.) A new customer purchases 3,000 file cabinets.
______ (c.) Based on less than expected sales volume, production of a four-drawer file cabinet is discontinued.
______ (d.) The building of a new warehouse is being considered.
______ (e.) Management decides to add desks to the product line.
______ (f.) Raw materials are purchased for production.
______ (g.) A review of customers' payment schedules reveals several problems requiring corrective action.
______ (h.) Executive salaries are paid.
______ (i.) The company decides a distribution center in Alabama is unnecessary, so it will be closed.
______ (j.) Payment is received from a customer.

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(a.) PL
(b.) PR
(c...

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