An Electronic Payroll Time Keeping Device That Collects Data When

question 74

Multiple Choice

An electronic payroll time keeping device that collects data when employee identification badges are swiped through an electronic reader are called:

• A)Timekeeper
• B)Badge reader
• C)Paymaster
• D)Electronic time clock

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Definitions:

Outbound Logistics

The process involved in moving goods from a company to the end user, including warehousing, order fulfillment, and transportation.

Value-Chain Analysis

An analytical framework for identifying business activities that add value to the final product or service in order to gain competitive advantage.

SPA

Typically stands for Sales and Purchase Agreement, a legally binding contract outlining the terms of sale between a buyer and seller.

Operations

Encompasses all the activities involved in the production, selling, and distribution of a company's goods or services.