Which of the Following Is Not an Ingredient for Controlling

question 124

Multiple Choice

Which of the following is not an ingredient for controlling labor cost in services?

• A) accurate scheduling of labor-hours to assure quick response to customer demand
• B) an on-call labor resource that can be added or deleted to meet unexpected demand
• C) contract overseas labor to obtain a lower wage scale
• D) flexibility of individual worker skills that permits reallocation of available labor
• E) flexibility in rate of output or hours of work to meet changing demand

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Definitions:

Security Interest

A legal claim or lien on assets or property, granted to secure the performance of an obligation or repayment of a debt.

Consumer Good

Goods produced and purchased for personal use, as opposed to those made for production or commercial use.

Perfected Interest

A legal status that gives a creditor priority over others in claiming collateral or property rights, typically involving a secured transaction that has been properly filed or recorded.

Chapter 13 Bankruptcy

A type of bankruptcy in the U.S. that allows individuals earning regular income to draft a plan to repay all or part of their debts over a period of time.