A Disadvantage of the ____ Layout Is That When Equipment

question 3

Multiple Choice

A disadvantage of the ____ layout is that when equipment is grouped together,increased handling is needed to move the product from one station to another when more than one task is performed.

• A) Service
• B) Fixed
• C) Product
• D) Process

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Definitions:

Accounts Receivable Subsidiary Ledger

A ledger containing detailed information on transactions related to individual customers to whom sales on credit have been made.

Collections From Customers

The process and activities involved in gathering all payments owed by customers for goods and services sold to them.

Adjustment For Expired Insurance

This is an accounting entry made to reflect the decrease in value of an insurance premium, representing the portion of the insurance cost that has been utilized over time.

Accounts Payable Subsidiary Ledger

A detailed ledger that contains the individual accounts of suppliers and creditors, supplementing the general accounts payable account in the general ledger.