Kathleen's Company Produces Computer Monitors and Other Peripheral Devices for Computers.About

question 152

Multiple Choice

Kathleen's company produces computer monitors and other peripheral devices for computers.About six months ago,Kathleen began to keep track of number of hours worked,and the resulting output at her particular work site.Comparing the results,she found that the number of workers and the hours they worked) remained relatively steady over the past six months,however,the work site's output increased significantly.This indicates that:

• A)Productivity at the work site has increased.
• B)The work site sold-off some of its excess inventory.
• C)The company's prices have increased faster than the wages paid to workers.
• D)The company should hire more workers.

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Definitions:

Cost Concepts

The principles and classifications used to determine the costs of products, services, and activities, enabling businesses to analyze profitability.

Service Companies

Service companies are businesses that provide intangible products or services to consumers or other businesses instead of selling physical goods.

Reimbursable Expenses

Costs that an employee or business incurs on behalf of a client or company, which are expected to be refunded.

Fraudulent

Involves intentional deception to secure unfair or unlawful gain, or to deprive a victim of a legal right.