There Are Two Jobs to Be Assigned to Two Workers

question 8

Multiple Choice

There are two jobs to be assigned to two workers.The profit for worker A on job 1 is $5 and on job 2 is $8.The profit for worker B on job 1 is $10 and on job 2 is $12.How should the work be divided using the assignment method?

• A)worker A assigned to job 1 and worker B assigned to job 2
• B)worker A assigned to job 2 and worker B assigned to job 1
• C)worker A gets both jobs 1 and 2
• D)worker B gets both jobs 1 and 2
• E)unable to determine

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Definitions:

Post-Closing Trial Balance

A listing of all company accounts that remain after closing entries are made, used to check the accuracy of closing procedures and the balance of permanent accounts.

Adjusted Trial Balance

The Adjusted Trial Balance is a list of all accounts and their balances after adjustments have been made for entries like accruals and deferrals, ensuring the accuracy of financial statements.

Post-Closing

Post-closing refers to the period after the closing entries are made in the accounting cycle, aimed at preparing the accounts for the next period by resetting revenue and expense accounts to zero.

Unadjusted

Pertaining to figures or balances not yet modified for errors, changes, or specific adjustments required for accurate reporting.