A Low-Contact Service Operation Like the Mail-Processing Facility at UPS

question 144

True/False

A low-contact service operation like the mail-processing facility at UPS or Federal Express looks very much like a product layout in a factory.

---

Definitions:

Ordinary Income

Income earned from standard operations of business or through wages, as opposed to capital gains or dividend income.

Interest Income

Earnings received from various types of investments like savings accounts, CDs, and bonds.

Acctrecv.

Short for "accounts receivable," this term denotes money owed to a company by its customers for goods or services delivered but not yet paid for.

Mortgage

A loan secured by the collateral of specified real estate property that the borrower is obliged to pay back with a predetermined set of payments.