The Ratio of Good Output to Quantity of Raw Material

question 67

Multiple Choice

The ratio of good output to quantity of raw material input is called

• A)nondefective productivity.
• B)process yield.
• C)worker quality measurement.
• D)total quality productivity.
• E)quantity/quality ratio.

---

Definitions:

Owner's Equity

The residual interest in the assets of a business after deducting liabilities, representing the ownership interest of shareholders or partners.

Liabilities

Financial obligations or debts owed by a business to outsiders, such as loans, accounts payable, or mortgages.

Owner's Equity

The total assets minus total liabilities of an individual owner in a business, representing the owner's residual interest in the company.