In Automation

question 53

Multiple Choice

In automation

• A) business processes are simplified.
• B) business processes are reorganized to cut waste and eliminate repetitive, paper-intensive tasks.
• C) standard operating procedures are streamlined to remove bottlenecks.
• D) employees are enabled to perform their tasks more efficiently.

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Definitions:

Total Debt

The sum of all liabilities, both current and long-term, that a company owes to external parties.

Net Worth

The total assets minus total liabilities of an individual or company, indicating financial health and stability.

Operating Income

Earnings before interest and taxes (EBIT), representing the profit a company makes after paying for variable costs of production but before paying interest or tax.

Depreciation Expenses

Depreciation expenses refer to the systematic allocation of the cost of a tangible asset over its useful life, reflecting the decrease in value of the asset over time.