A Time Study Was Made of a Job to Develop

question 42

Multiple Choice

A time study was made of a job to develop new time standards.A worker was observed for 30 minutes.During that time,40 units were produced.The analyst rated the worker as performing at a 120 percent performance rate.Allowances for rest and personal time are 20 percent.What is the standard time for this task?

• A)0.75 minutes
• B)0.98 minutes
• C)1.00 minutes
• D)1.08 minutes
• E)1.33 minutes

Calculate and analyze cash budgets including required borrowings.

Understand the collection patterns of cash from sales and how they influence cash budgets.

Determine the budgeted amounts for specific balance sheet accounts like Accounts Receivable based on sales and collection patterns.

Calculate production requirements based on sales forecasts and inventory policies.

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Definitions:

Promote Business

Promoting a business involves using various strategies and communication methods to increase awareness, attract new customers, and enhance its reputation.

Acceptance Message

Involves communication that indicates the reception and agreement to a proposal or offer.

Respond Favorably

To react or reply to something in a positive or agreeable manner.

Imperative Mood

A grammatical mood expressing commands, requests, or instructions in a direct manner.