Which of the Following Is a Way of Organizing Production

question 78

Multiple Choice

Which of the following is a way of organizing production activities such that equipment and people are set up to produce only one type of good?

• A)Process layout
• B)Product layout
• C)Fixed position layout
• D)Specialization layout
• E)Functional layout

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Definitions:

Tile Sales

Revenue generated from the sale of tiles, typically used for flooring or walls.

Contra-revenue Account

An account that is used to record deductions from gross revenue, which results in net revenue.

Sales Discount

A reduction in the price of goods or services offered to a customer, typically to encourage prompt payment or bulk purchasing.

Debit Balance

The condition of an account when the total of debits exceeds the total of credits, typically indicating assets or expenses.