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Which of the following features apply to T-bills?
I. original maturities of 4, 13, or 26 weeks
II. minimum face value of $10,000
III. sold at a discount
IV. semiannual interest payments
Work Measurement
The process of analyzing and assessing the time necessary to complete tasks to determine ways to increase efficiency.
Work Sampling
A statistical technique used for analyzing work efficiency and performance by taking random samples of work activities over time.
Idle Time
Periods when resources are available but not in use, often due to delays, inefficiencies, or lack of demand, leading to wasted capacity.
Observations
The process of monitoring, recording, and analyzing data or events for the purpose of drawing conclusions or making decisions.
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