Which of the Following Statements Concerning Resource Flexibility Is Best

question 213

Multiple Choice

Which of the following statements concerning resource flexibility is best?

• A) Flexible equipment is useful to companies with low production volumes and high customization.
• B) Investment in general-purpose equipment is warranted if the firm expects to sell more than the break-even amount.
• C) Manufacturing efficiency increases with general-purpose equipment.
• D) Resource flexibility is crucial for line-flow processing.

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Definitions:

Postretirement Health Care Benefits

Benefits provided by an employer to retired employees, covering medical and health-related expenses.

Tax Deductible

Expenses or costs that can be subtracted from gross income to reduce the taxable income.

ERISA

The Employee Retirement Income Security Act of 1974, a federal law that sets minimum standards for most voluntarily established retirement and health plans in private industry.

Pension Reform Act

Legislation aimed at improving the management and sustainability of pension funds.