Which of the Following Is One Important Advantage of Flexible

question 52

Multiple Choice

Which of the following is one important advantage of flexible manufacturing systems

• A) It requires little training to use.
• B) There is little employee involvement.
• C) One product can be produced at a time, making it easier for employees to operate.
• D) Products of different sizes, types, and customer requirements freely intermingle on the assembly line.

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Definitions:

Bank Reconciliation

The process of comparing and adjusting the balance shown in a company’s bank statement, as compared to the company’s own financial records.

Journal Entries

The basic method used in accounting to record transactions, involving debits and credits to appropriate accounts.

Debit

An accounting entry that results in either an increase in assets or a decrease in liabilities or equity on a company's balance sheet.

Bank Statement

A document issued by a bank detailing the transactions in an account over a specific period, showing deposits, withdrawals, and balances.