An Organization That Produces Large Numbers of Uniform Products with an Assembly-Line

question 190

Multiple Choice

An organization that produces large numbers of uniform products with an assembly-line system is using __________ technology.

• A)Continuous-process production.
• B)Mass production.
• C)Intensive.
• D)Industrial linkage.
• E)Long-linked.

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Definitions:

Semiannual Interest

Interest payments made twice a year on investments or loans.

Bond Payable

A long-term liability where a borrower agrees to pay back a specified sum of money plus interest to bondholders at future dates.

Short-Term Lease

A short-term lease is a rental agreement for a specified period of time, often less than a year, commonly used for temporary housing or seasonal business operations.

Lease Payment

Regular payments made by a lessee to a lessor for the use of an asset over a specified period.