Which of the following statements are true about warehouse operation?
I. The major operating cost is labor.
II. Labor productivity depends on warehouse layout.
III. Capital costs are those of transport and space.
A) I, II and III
B) I only
C) II and III only
D) I and II only
E) I and III only
A
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Research has shown that all of the following are characteristics of an entrepreneur except which?
A. self-confident B. highly experienced C. belief in personal control of destiny D. high energy level and action orientation E. high tolerance for ambiguity
In a job order costing system, when the goods are sold, the Cost of Goods Sold account is increased, and the Finished Goods Inventory account is decreased for the selling price of the goods sold
Indicate whether the statement is true or false
The set of actions that produce goods and services is called ________.
A. shipping B. operations C. manufacturing D. processing
A labor-intensive technology is one in which people must do most of the work.
Answer the following statement true (T) or false (F)