Which of the Following Is Not Generally Considered an Advantage

question 93

Multiple Choice

Which of the following is not generally considered an advantage of specialization?

• A) high productivity
• B) low wage costs
• C) ease of training employees
• D) low equipment costs
• E) All are advantages

Explore the financial and managerial accounting principles.

Understand the components and preparation of the statement of cost of goods manufactured.

Analyze the effects of inventory changes on cost of goods sold and net income.

Identify and categorize different types of costs including direct materials, direct labor, and overhead.

---

Definitions:

Residual Income

A measure of net income that remains after subtracting a charge for the capital cost involved in generating that income.

Weighted Average Cost of Capital

A financial metric that calculates a firm's cost of capital, weighted by the proportion of equity and debt financing.