Which One of the Following Statements About Layouts Is NOT

question 100

Multiple Choice

Which one of the following statements about layouts is NOT true?

• A) A block plan allocates space and indicates placement of each department.
• B) A trip matrix gives the number of trips (or some other measure of materials movement) per day.
• C) A detailed layout should be designed first, to give guidance to developing the block plan.
• D) A REL chart reflects qualitative judgments of managers or employees.

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Definitions:

Indirect Method

A method used in the preparation of cash flow statements, where net income is adjusted for non-cash transactions, deferrals, and accruals to calculate net cash from operating activities.

Operating Activities

Activities directly related to the production and delivery of goods and services, which are central to a company's operations and cash flow.

Residual Value

The estimated amount that an asset is expected to be worth at the end of its useful life.

Straight-Line Method

A method of calculating depreciation by evenly spreading the cost of an asset over its useful life.