The Layout That Is Efficient Because It Simplifies Work Tasks

question 71

Multiple Choice

The layout that is efficient because it simplifies work tasks and uses unskilled labour is the ________ layout.

• A) customer
• B) process
• C) product
• D) cellular
• E) fixed-position

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Definitions:

Payable

Short-term financial obligations or debts of a company, typically to suppliers, that are due to be paid within one year.

Cash Dividend

A payment made by a company out of its profits to shareholders, usually in the form of cash.

Dividends Payable

A liability on a company's balance sheet representing the amount of declared dividends that are owed to shareholders but not yet paid.

Retained Earnings

The portion of net income that is retained by the corporation rather than distributed to its owners as dividends.