The Smallest Unit into Which Work Can Be Divided Without

question 21

Multiple Choice

The smallest unit into which work can be divided without analyzing separate motions,movements and mental processes is the best description of a(n) ___________.

• A)job family
• B)position
• C)job task
• D)job element

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Definitions:

Principal

The original sum of money borrowed in a loan, or the amount of the loan that has not yet been repaid, excluding interest.

Straight-Line Method

A depreciation technique that allocates an equal portion of an asset's cost to each period of its useful life.

Interest Expense

The cost incurred by an entity for borrowed funds, represented as a charge against earnings in the income statement.

Interest Payable

The amount of interest that has been incurred on borrowed funds that a company must pay, typically represented as a current liability on the balance sheet.