Which of the following represents a fixed-position layout?
A) building beer barrels
B) building lobster traps
C) building tennis courts
D) building mobile homes
E) building ice fishing shanties
Answer: C
Explanation: C) In the fixed-position layout, materials, equipment, and labor are transported to one location.
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When a company exchanges machinery and receives a trade-in allowance less than the book value, this transactionwould be recorded with which of the following entry?
a. debit Cash and Machinery; credit Accumulated Depreciation and Machinery b. debit Machinery, Accumulated Depreciation, and Loss on Exchange of Machinery; credit Machinery andCash c. debit Cash and Machinery; credit Accumulated Depreciation d. debit Machinery and Accumulated Depreciation; credit Machinery and Cash
A company must consider the product's stage in the life cycle and its importance in the company's portfolio before responding to a competitor's price cut
Indicate whether the statement is true or false
Which of the following is true about the European Union's Directive on Personal Data Protection?
A. It is also known as the European Union Safe Harbor Act. B. It encourages member countries to maintain myriad standards for information gathering and protection. C. It prohibits EU firms from transferring personal information to a non-EU country unless that country maintains "adequate protections" of its own. D. It states that United States is the only non-member country that maintains "adequate protection" of personal data.
Work centrality is the ratio of time a person spends carrying out the core duties of his job to the amount of time he spends on executing non-essential duties related to the job.
Answer the following statement true (T) or false (F)