A Problem with Placing Excessive Emphasis on Labour Efficiency Can

question 61

Multiple Choice

A problem with placing excessive emphasis on labour efficiency can be

• A)material costs get ignored.
• B)pressure can be put on workers to work unsafely.
• C)overhead costs can be improperly estimated.
• D)work in progress and finished goods inventories can build up beyond acceptable levels.

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Definitions:

Uniform Commercial Code

A set of laws that provide legal rules and regulations governing commercial or business dealings and transactions.

Restatement of Contracts

The Restatement of Contracts is a comprehensive compilation of general principles regarding contract law, serving as a guide for judges and lawyers.

Judicial System

The system of courts that interprets and applies the law in the name of the state or country.

Implied Warranty

An unwritten guarantee that the product will meet a minimum level of quality implying that it is fit for sale as intended.