A Type of Resource Utilization Technique Which Is Used to Rationally

question 28

Multiple Choice

A type of resource utilization technique which is used to rationally assign work activities to particular individuals,departments,or other entities is

• A) work measurement.
• B) work distribution analysis.
• C) branching table.
• D) decision table.

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Definitions:

Receivables

Money owed to a company by its customers for goods or services that have been delivered or sold but not yet paid for.

Collection Procedures

Established methods used by businesses to follow up on and collect unpaid debts from customers.

Accounts Receivable

Amounts owed to a company by its customers for goods or services that have been delivered but not yet paid for.

ACP

Average Collection Period, indicating the average number of days it takes for a company to receive payments from its customers.