A Methods and Measurements Analyst for Timepiece,Inc

question 43

Multiple Choice

A Methods and Measurements Analyst for Timepiece,Inc.needs to develop a time standard for the task of attaching a watch to a wristband.In a preliminary study,he observed one of his employees perform this task five times,with the following results: What is the standard time (ST) for this task if the employee worked at a twenty percent faster pace than the average,and an allowance of twenty percent of the workday is used?

• A)20 seconds
• B)24 seconds
• C)25 seconds
• D)28.8 seconds
• E)30 seconds

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Definitions:

Net Income

The conclusive earnings a company retains after all operational costs and taxes are taken away from the revenues.

Statement of Cash Flows

A financial document that provides a summary of the cash inflows and outflows for a company over a specific period of time, showing how it raises and spends money.

Operating Activity

Business actions involving the day-to-day operations that generate revenue and incur expenses in the production of goods or services.

Investing Activity

Transactions involving the purchase and sale of long-term assets and investments, part of a company's cash flow activities.