If All You Knew About a Production System Was That

question 32

Multiple Choice

If all you knew about a production system was that total daily output was 400 units and the total labor necessary to produce the 400 units was 350 hours, what kind of productivity measure could you use to compute productivity?

• A)Partial measure
• B)Multifactor measure
• C)Total measure
• D)Global measure
• E)All of these

Know how to export the QuickBooks Audit Trail report to Excel for further analysis.

Understand how to create a budget in QuickBooks, including customization options.

Distinguish between the direct write-off method and the allowance method for accounting for bad debts.

Grasp how to prepare a bid for a potential customer using QuickBooks.

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Definitions:

Favors

Acts of kindness beyond what is due or usual, often done voluntarily to help someone else with no expectation of receiving something in return.

Social Responsibility

A framework suggesting that entities, especially corporations, have an obligation to act for the benefit of society at large by addressing societal, environmental, and economic issues.