If We Produce the More Output with the Same Amount

question 26

Multiple Choice

If we produce the more output with the same amount of labour hours then

• A)we are working harder over time.
• B)working longer over time.
• C)productivity is increasing.
• D)productivity is decreasing.

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Definitions:

Inventory Records

Documents that track the quantity, value, and movement of products or materials a company holds in stock.

FOB Shipping Point

A shipping term indicating that the buyer assumes all risk and pays for shipping costs from the point of departure; ownership of goods transfers to the buyer when the carrier picks up the items.

FOB Destination

is a shipping term indicating the seller bears delivery risk and costs until the goods reach the buyer's location, at which point the buyer takes over.

Title

A legal term referring to the formal right of ownership of property, assets, or a company.