Which of the Following Is an Advantage to Job Specialization

question 166

Multiple Choice

Which of the following is an advantage to job specialization?

• A)Training costs are higher,but because of the specialized nature of tasks,they are learned more fully.
• B)The nature of the jobs leads to lower absenteeism.
• C)Staffing costs are lower because the repetitive nature of tasks makes skill requirements lower.
• D)The nature of the jobs is especially effective in rapidly changing environments.

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Definitions:

IFRS

International Financial Reporting Standards, a set of accounting guidelines that provide a global framework for how public companies prepare financial statements.

Lower of Cost

An accounting principle requiring that inventory be recorded at the lower of its original cost or current market value.

Matching

An accounting principle where expenses are recorded in the period they are incurred to generate revenues.

Ending Inventory

The total value of goods available for sale at the end of an accounting period.