Activity-based management is an extension of activity-based costing

Indicate whether the statement is true or false


False

Business

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The table depicts a production line that has been balanced with a takt time of 2 minutes. If you could hire another six workers, which of these systems would result in the highest output rate?

Workstation 1 2 3 4 5 6 Task A, B C D, E, F G, H I J, K, L Time (min) 1, 1 1.8 1, 0.5, 0.4 0.9, 0.8 1.8 0.5, 0.5, 0.6 A) simply duplicating the existing line so you had two lines doing exactly the same thing B) assigning one worker to each activity and creating a single twelve station production line C) keeping the existing balance and assigning three workers to stations 1, two workers to station 2, two workers to station 3, one worker to station 4, two workers to station 5, and two workers to station 6 D) you would be indifferent between alternatives a and b

Business

Which of the following may be sued under Section 11 of the Securities Act of 1933, which provides a remedy for a person who purchases a security pursuant to a misleading registration statement?

a. The underwriters. b. Persons who gave their consent to be named in the registration statement as future directors. c. Both underwriters and persons who gave their consent to be named in the registration statement as future directors. d. Any officer as well as underwriters and persons who gave their consent to be named in the registration statement as future directors..

Business

The Social Security system provides for reduced benefits at an early retirement age

Indicate whether the statement is true or false

Business

Which of the following involves an invalid assignment that a court would not enforce?

A) An assignment of a savings account accompanied by the delivery of the passbook B) An assignment lacking consideration C) An assignment of an automobile liability insurance policy accompanied by the delivery of the policy D) An assignment in writing signed by the assignor and delivered to the assignee

Business