Which One of the Following Trends Does NOT Play a Role

question 59

Multiple Choice

Which one of the following trends does NOT play a role in the quality aspects of operations?

• A)Lean production.
• B)Flexible manufacturing.
• C)Robotics manufacturing.
• D)Boutique engineering.
• E)Mass customization.

Calculate the effects of intercompany sales and dividends on consolidated financial results.

Understand the accounting treatment for significant influence versus control in investments.

Determine consolidated retained earnings adjustments stemming from subsidiaries.

Explain strategic reasons for a parent company to own less than 100% of a subsidiary.

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Definitions:

Accounts Payable

Financial obligations or debts owed by a company to its creditors or suppliers for goods and services received.

Net Income

Refers to the total profit of a company after all expenses and taxes have been subtracted from revenue.

Sales Decrease

A reduction in the amount of products or services sold by a business over a given period.

Full Capacity

The highest amount of products or services a business can consistently generate during a specific timeframe under standard conditions.