Which of the Following Best Describes the Effect on Direct

question 117

Multiple Choice

Which of the following best describes the effect on direct labor when management adopts a just-in-time environment?

• A) Workers typically perform one function.
• B) The environment becomes more labor intensive.
• C) Each employee runs a single machine.
• D) Workers are often cross-trained to perform more than one function.

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Definitions:

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, leading to net income or loss.

Owner's Equity

The residual interest in the assets of a business after deducting liabilities, representing the ownership interest of the shareholders or owner.

Revenues

The total income generated from the sale of goods or services related to a company’s primary operations.