Which of the Following Is Trueabout Work Specialization

question 4

Multiple Choice

Which of the following is Trueabout work specialization?

• A) It creates more problems in larger firms where little flexibility is required.
• B) It makes training new employees easier when replacements are needed.
• C) It encourages employees to upgrade their skills in multiple disciplines.
• D) It improves the flexible nature of workers.
• E) It ensures that each worker performs different tasks every day.

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Definitions:

Credited

A term reflecting an entry on the right side of a double-entry bookkeeping system that increases liabilities, revenue, or equity accounts, or decreases an asset or expense account.

Withdraws

The act of removing funds from an account or the business use of assets by owners, reducing the capital or equity amounts.

Remaining Partners

The partners who continue the partnership business after one or more partners leave or are removed.

Noncash Assets

Assets owned by a business that are not in the form of cash but can potentially be converted into cash, such as inventory and equipment.