Which of the Following Statements Is TRUE

question 51

Multiple Choice

Which of the following statements is TRUE?

• A) The person most responsible for initiating the use of interchangeable parts in manufacturing was Eli Whitney.
• B) The origins of management by exception are generally credited to Frederick W. Taylor.
• C) The person most responsible for initiating the use of interchangeable parts in manufacturing was Walter Shewhart.
• D) The origins of the scientific management movement are generally credited to Henry Ford.
• E) The person most responsible for initiating the use of interchangeable parts in manufacturing was Henry Ford.

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Definitions:

Income Statement

A financial statement that shows the income, expenses, and profits over a specific period, indicating the financial performance of a business.