The Type of Manufacturing That Best Utilizes Highly Specialized Equipment

question 66

Multiple Choice

The type of manufacturing that best utilizes highly specialized equipment is

• A) job shops
• B) project manufacturing
• C) repetetive manufacturing
• D) flexible manufacturing

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Definitions:

Primary Ledger

The main accounting record of a company that uses double-entry bookkeeping, which contains all the financial transactions.

General Ledger

A complete record of all financial transactions over the life of a company, organized by accounts.

Income Statement

A financial statement that summarizes revenues, expenses, and profits or losses of a business for a specific period.