All of the Following Would Be Included in a Company's

question 115

Multiple Choice

All of the following would be included in a company's investing activities except

• A)purchase of land.
• B)payment of dividends.
• C)collection of loan repayments.
• D)purchase of equipment.
• E)purchase of another company's stock.

Identify the components that establish standard time for a task.

Distinguish between different time study techniques and their uses.

Recognize the significance of allowances and performance ratings in setting labor standards.

Understand the calculation of normal time and standard time from observed data.

---

Definitions:

Production Possibilities Frontier

A graphical representation showing the maximum amount of two goods or services that can be produced within a given set of resources.

Recession

A brief spell of economic backslide, with a noted reduction in commerce and industrial production, usually spotted by a fallen GDP in two consecutive quarters.

Employment

A relationship between two parties, usually based on a contract where work is paid for, where one party, which may be a corporation, for profit, not-for-profit organization, co-operative or other entity is the employer and the other is the employee.

Unemployment Rate

The demographic of the labor force that is without employment but actively hunting for work.