Which of the Following Statements Is Correct

question 109

Multiple Choice

Which of the following statements is correct?

• A) The left side of a T-account is the credit side.
• B) Entries that decrease asset and expense accounts, or increase liability, equity, and revenue accounts are posted as debits.
• C) The left side of a T-account is the debit side.
• D) The right side of a T-account is the debit side.
• E) Entries that increase asset, expense, and revenue accounts are posted as debits.

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Definitions:

Assembly Line Balancing

The process of optimizing the allocation of tasks among workers or machines in an assembly line to minimize production time and avoid idle time.

Workstations

Specific work areas designed for completing particular tasks within a manufacturing process or office setting, often equipped with necessary tools and equipment.

Heuristic Rule

A practical method or guideline designed to solve problems faster than conventional methods, though not always with a perfect outcome.

Product Layout

An arrangement where production equipment is organized according to the sequential order of the product's assembly steps, optimizing efficiencies in mass production.