Eli Whitney, in the ________, Provided the Foundations for ________

question 91

Multiple Choice

Eli Whitney, in the ________, provided the foundations for ________ in operations management.

• A) 1920s; statistical sampling
• B) United Kingdom; mass production
• C) U.S. Army; logistics
• D) nineteenth century; interchangeable parts
• E) 21st century; logistics

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Definitions:

Adjusting Entry

Journal entries made at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred.

Transposition

The error of switching the order of digits in numbers, often leading to inaccuracies in financial or data records.

General Ledger

A comprehensive record of all financial transactions over the life of a company, used to prepare financial statements.