The Owner of Kat Motel Wants to Develop a Time

question 101

Multiple Choice

The owner of Kat Motel wants to develop a time standard for the task of cleaning a cat cage.In a preliminary study,she observed one of her employees perform this task six times,with the following results: What is the observed time (OT) for this task?

• A)81 seconds
• B)90 seconds
• C)99 seconds
• D)108 seconds
• E)540 seconds

---

Definitions:

Treasury Shares

Shares that were issued and subsequently reacquired by the issuing company, reducing the amount of outstanding stock on the financial market but not considered when calculating earnings per share or dividends.

MBCA

Stands for the Model Business Corporation Act, which is a template law designed to standardize and regulate the formation and operation of corporations across the United States.

Limited Voting Rights

Voting rights that are restricted in some manner, such as being allowed only under certain conditions or only applying to specific matters.

Treasury Shares

Shares that were once issued and outstanding but were later purchased back by the issuing company, reducing the amount of outstanding stock.