If Your Roommate Asks You to Describe the Potential Advantages

question 60

Multiple Choice

If your roommate asks you to describe the potential advantages of job simplification, you would include all of the following EXCEPT:

• A) increasing operating efficiency by reducing the number of skills required to do a job.
• B) being able to hire low-cost labor.
• C) keeping the needs for job training to a minimum.
• D) emphasizing the accomplishment of repetitive tasks.
• E) increased employee turnover.

---

Definitions:

Net Income

The total profit of a company after all expenses, taxes, and costs have been deducted from total revenue.

End-Of-Period Spreadsheet

A tool used in accounting to compile all balances and adjustments at the period's end before generating financial statements.

Adjusted Trial Balance

A listing of all company accounts that will appear in the financial statements after adjusting entries are made, ensuring that total debits equal total credits.

Balance Sheet

A financial statement that provides a snapshot of a company's financial condition at a specific moment in time, detailing assets, liabilities, and shareholders' equity.