A Manager Has Just Replaced Three Workers with a Machine

question 38

Multiple Choice

A manager has just replaced three workers with a machine that is cheaper to operate than the cost of the three replaced workers. Output is expected to remain the same. Which of the following is true?

• A) labor productivity will decrease
• B) machine productivity will increase
• C) multifactor productivity will decrease
• D) multifactor productivity will increase
• E) the value of output will decrease

Clarify the misconceptions about the accounting cycle and common practices.

Comprehend the structure and utility of an end-of-period spreadsheet heading.

Understand the process and importance of recording adjustments in the journal and posting them to the ledger.

Identify where major account types appear on the balance sheet.

---

Definitions:

Development Programs

Structured plans or courses designed to enhance the skills, knowledge, and competencies of individuals within an organization.

Classroom Learning

The process of acquiring knowledge and skills within a structured educational environment, often led by a teacher.

Process Consultation

A consulting method in which a third-party adviser helps an organization improve its processes, focusing on interpersonal relationships and problem-solving strategies.

Conflict Resolution

The process of resolving a dispute or conflict by meeting the needs of all parties involved and addressing the underlying issues.