In a TV Set Manufacturing Facility of XYZ Inc

question 26

Multiple Choice

In a TV set manufacturing facility of XYZ Inc.,there are different assembly lines in which workers focus on certain aspects of production.Senior line workers are capable of producing the TV sets from start to finish.This capability of doing the entire operation from start to finish is an example of which following term?

• A)vertical skills
• B)feedback
• C)autonomy
• D)task identity

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Definitions:

Equipment Acquisition

The process of obtaining physical assets for use in production or operations, often through purchase or lease.

Depreciation Expense

The systematic allocation of the cost of a tangible asset over its useful life, representing how much of the asset's value has been used up.

Indirect Method

The indirect method is an approach used in cash flow statements to adjust net income for the changes in non-cash accounts to calculate cash flow from operating activities.

Net Income

Represents the earnings of a company after subtracting all costs and expenses from total revenue, indicating the company's financial health.