When an Organisation Uses _________, Machines Constantly Make the Product

question 62

Multiple Choice

When an organisation uses _________, machines constantly make the product while employees monitor the machines and plan changes.

• A) unit production
• B) mass production
• C) continuous production
• D) a primary production system
• E) a matrix structure

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Definitions:

Balance Sheet Approach

A method used for estimating uncollectible accounts by analyzing the accounts receivable on the balance sheet.

Bad Debts Expense

The portion of receivables that are estimated to be uncollectible due to customer defaults.

Bad Debts Recovered

Income received from previously written-off accounts receivable that have unexpectedly been collected.

Bad Debts Expense

The cost associated with accounts receivable that a company is unable to collect, considered as a non-recoverable loss.