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Which of the Following Statements Is False About Scientific Management

question 9

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Which of the following statements is false about scientific management (Taylor) ?


Definitions:

Ending Inventory

The total value of all inventory a company has in stock at the end of an accounting period.

Cash Budget

A financial plan that estimates cash inflows and outflows over a specific period of time, often used by businesses to manage liquidity.

Cash Balance

The amount of cash or cash equivalents that a company or individual has on hand at any given time.

Short-term Note

A debt instrument with a maturity of one year or less, used by businesses and governments to finance temporary needs.

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