The Basic Way to Measure Productivity Is to ________

question 31

Multiple Choice

The basic way to measure productivity is to ________.

• A) divide outputs by inputs
• B) add outputs and inputs
• C) multiply inputs and outputs
• D) subtract inputs from outputs

Compute cash received from customers using net sales and changes in related accounts.

Calculate cash paid to suppliers and employees by adjusting cost of goods sold and operating expenses to a cash basis.

Assess the effect of changes in balance sheet accounts on cash provided by (used in) operating activities.

Prepare a statement of cash flows using the indirect method.

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Definitions:

Informed Consent

A process by which a fully informed individual voluntarily agrees to participate in a particular activity, after understanding all relevant risks and benefits.

IRB Approval

The authorization granted by an Institutional Review Board (IRB) which confirms a study's research plan is ethical and the rights and welfare of participants are protected.

Incomplete Disclosure

Failure to fully inform research participants about the nature or aims of the study, often to prevent bias or influence on participant behavior.

Minimal Risks

Refers to the probability and magnitude of harm or discomfort anticipated in research that are not greater than those ordinarily encountered in daily life.