Compared to Large Facilities, Focused Factories _____________________

question 56

Multiple Choice

Compared to large facilities, focused factories _____________________.

• A) bring economies of scale
• B) have much bureaucracy
• C) are ancient history
• D) lead to higher average inventories
• E) are more flexible

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Definitions:

NSF Check

A check that cannot be processed because the drawer's account does not have sufficient funds, standing for Non-Sufficient Funds.

Deposit In Transit

Funds that have been deposited by a company but not yet credited to its bank account.

Ledger

A comprehensive collection of a company's financial accounts.

Petty Cash Fund

A small amount of cash kept on hand by a business for making immediate payments for miscellaneous small expenses.