All Except One of the Following Is Listed as a Managerial

question 31

Multiple Choice

All except one of the following is listed as a managerial consideration or appropriate explanation in using learning curves.Which one is that?

• A)Improvement comes from working smarter, not harder.
• B)Individual learning and incentives are positively related.
• C)Newer the job, greater will be the learning.
• D)Learning curves is not impacted by the number of indirect labor (such as repair person and supervisor).
• E)Learning curve represent direct labor output.

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Definitions:

Progress Billing

A billing method where payments are requested from customers based on the completion percentage of a project or contract.

Long-term Projects

Projects with a duration that extends beyond one year, typically involving large-scale and complex activities.

Direct Write-off Method

An accounting method where uncollectable debts are charged directly to expense as they are identified.

GAAP

Generally Accepted Accounting Principles; a set of accounting standards and procedures used in the U.S. to govern financial reporting.