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Using ________,Firms That Analyzed Jobs and Found Better Ways to Perform

question 148

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Using ________,firms that analyzed jobs and found better ways to perform them were able to produce goods more cheaply,make higher profits,and thus pay and motivate workers more than its competitors.


Definitions:

Step-Down Method

A method of allocating support department costs to production departments that considers some inter-support-department services in a sequential or step-down fashion. Also known as the sequential method.

Direct Method

A method of preparing the cash flow statement where major classes of gross cash receipts and payments are disclosed.

Least Accurate

Describes the closest to being incorrect or the measurement or statement that has the highest degree of inaccuracy.

Reciprocal Services Method

A method of allocating support department costs to production departments that considers all inter-support-department services.

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