Which of the Following Is an Advantage or Characteristic of Product

question 97

Multiple Choice

Which of the following is an advantage or characteristic of product layout over process layout when volumes are high?

• A) Resources are relatively general-purpose and less capital-intensive.
• B) The layout is less vulnerable to changes in product mix or new marketing strategies.
• C) Employee supervision can be more specialized.
• D) Less unproductive time lost to changeovers and materials handling.

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Definitions:

Statement of Cashflow

A financial statement that provides aggregate data regarding all cash inflows a company receives from its ongoing operations and external investment sources, as well as all cash outflows that pay for business activities and investments during a given period.

Preferred Shares

A type of stock that provides a fixed dividend and has priority over common stock in the event of a company's liquidation.

Financing Activities

Transactions and events where a business raises funds from debt and equity sources, reflected in the cash flow statement.