Which of the Following Does Most to Eliminate Human Error

question 28

Multiple Choice

Which of the following does most to eliminate human error when performing inventory of shop equipment?

• A) keying data into computer
• B) maintaining hand-written records
• C) bar code tracking
• D) backing up computer data files

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Definitions:

Market Price

The contemporary market price for acquiring or disposing of an asset or service.

Present Value

The current worth of a future sum of money or stream of cash flows given a specified rate of return, factoring in the time value of money.

Growth Opportunities

Potential scenarios or investments that could lead to an increase in business scale, revenue, or profits.

No-growth Value

The value of a company assuming that it will not experience any future growth in earnings or dividends.