Prattville Manufacturing Has Applied for a Short-Term Loan with the First

question 271

True/False

Prattville Manufacturing has applied for a short-term loan with the First National Bank.The loan officers of the bank are likely to look carefully at Prattville's liquidity ratios before they decide to grant the loan.

---

Definitions:

TMU

Time Measurement Unit, a standard unit used in time study and work measurement for setting standard times for tasks.

Time Measurement Unit

A standard unit of time used in work measurement and time studies to assess the time required for tasks.

Therblig

A basic motion element used in motion study to analyze the physical movements needed to perform a manual operation or task.

Labour Standard

A set benchmark or norm regarding the amount of labor time required to perform a specific task.