What Has Increased Along with the Automation of the Manufacturing

question 59

Multiple Choice

What has increased along with the automation of the manufacturing environment?

• A)inventory
• B)productive capacity
• C)processing time
• D)costs

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Definitions:

Accrued Warranty Expense

The estimated cost of repair, replacement, or restitution that a company expects to incur under its product warranties, recognized before the actual expenses occur.

Tax Deductible

Expenses that can be subtracted from gross income to reduce taxable income.

Income Tax Rate

The percentage at which an individual or corporation is taxed on their income, varying depending on income levels and jurisdictions.

Income Taxes Payable

The amount of income tax a company owes to the tax authorities but has not yet paid.