Which of the Following Would NOT Be a Recommended Way

question 14

Multiple Choice

Which of the following would NOT be a recommended way for establishing standards of performance for a department's operation?

• A) Using the supervisor's experience and observations to some extent.
• B) Analyzing previous budgets and operating results.
• C) Forming a supervisor and employee committee to discuss standards and work operations.
• D) Having all standards determined by the industrial engineers and top management.

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Definitions:

Present Value

The present worth of a future amount of money or sequence of cash payments, calculated using a particular return rate.

Dividends

Payments made by a corporation to its shareholder members, usually derived from the company's earnings.

U.S. Companies

Businesses that are incorporated, operate, or have their primary base of operations within the United States.

Dividend-Payout Stock

NO. However, the concept closely resembles dividend-paying stocks, which are shares in a company that return a portion of the company's earnings to shareholders at regular intervals.