Which of the Following Terms Refers to the Quantity of the Service

question 92

Multiple Choice

Which of the following terms refers to the quantity of the service or product the employee is to produce?

• A)Time standards
• B)Form standards
• C)Utility standards
• D)Output standards
• E)Behavioural standards

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Definitions:

Insurance Expense

Insurance expense is the cost incurred by a business for various types of insurance coverages to protect against risks and potential liabilities.

Property Tax

Taxes paid by property owners, based on the value of their property, to fund municipal services such as schooling, road maintenance, and public safety.

Accounts Receivable

Accounts receivable represent the money owed to a company by its customers for goods or services delivered but not yet paid for.

Merchandise

Goods that are purchased for resale at a profit; the main product that a retailer sells.