Focusing on How a Job Is Done and Attempting to Make

question 102

Multiple Choice

Focusing on how a job is done and attempting to make it more efficient describes:

• A)work measurement.
• B)Gantt charts.
• C)methods analysis.
• D)job evaluation.
• E)job enlargement.

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Definitions:

Equity Method

An accounting technique used to record investments in other companies, where the investment is initially recorded at cost and subsequently adjusted for the investor's share of the investee's profits or losses.

Voting Common Stock

Shares that give the shareholder voting rights in a corporation's decisions, typically in proportion to the number of shares held.

Preferred Stock

Ownership in a company granting superior rights to assets and profits compared to common stock, usually accompanied by steady dividend payments.

Net Income

The amount of profit left after all expenses, taxes, and costs have been subtracted from total revenue.