Which of the Following Is FALSE About Learning Curves

question 96

Multiple Choice

Which of the following is FALSE about learning curves?

• A)Different production features will affect the degree of learning that takes place.
• B)Selecting production processes that offer the fastest opportunities for learning will allow firms to apply learning curves most effectively.
• C)Learning curves should be applied to production lines that are stabilized and fully functional.
• D)Different systems throughout the factory will yield the same opportunities for learning and will have the same shape of learning curves.

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Definitions:

FICA

The Federal Insurance Contributions Act, which funds Social Security and Medicare, requiring employers and employees to pay a percentage of earnings.

Look-Back Period

A period of time used to determine whether a business should make its Form 941 tax deposits on a monthly or semiweekly basis. The IRS defines this period as July 1 through June 30 of the year prior to the year in which Form 941 tax deposits will be made.

Form 941

A tax form used by employers to report federal withholdings from employee wages, including Social Security and Medicare taxes.

FUTA Tax Payable

A liability representing the federal unemployment tax that employers must pay on behalf of their employees to the IRS.