Productivity Improvements Can Be Obtained by

question 107

Multiple Choice

Productivity improvements can be obtained by

• A) increasing output.
• B) increasing input.
• C) increasing output with the same level of input.
• D) increasing input with the same level of output.
• E) maintaining the same level of input but using less output.

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Definitions:

Accounts Receivable Aging Report

A detailed document that shows the unpaid invoice balances along with the duration for which they've been outstanding.

Reconciliation Report

A document that compares two sets of records to ensure they are in agreement and used to find discrepancies or confirm balances.

Cash to Payables

A financial ratio that calculates how effectively a company can cover its current liabilities with its available cash.

Vendors List

A compiled directory of suppliers and service providers that a company purchases goods or services from.