A _____ doesn't require work to be performed in a specific sequence; instead, the product can be moved from one type of machinery to another in whatever sequence is necessary.

-combined layout
-cellular layout
-fixed position layout
-process layout


-process layout

Business

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Describe at least four steps in planning with a calendar after the long- and short-term goals are written.

What will be an ideal response?

Business

Confidence (self-efficacy), hope, optimism, and resiliency are

a. the four components of psychological capital b. the four components of leadership development c. the four foes of self-leadership d. not important to leadership

Business

Which of the following is true regarding vesting requirements under ERISA?

a. once pension rights vest, employees are entitled to receive full pensions upon leaving employment b. once pension rights vest, employees' pension plans cannot be discontinued or changed c. vesting usually occurs after five or seven years of service d. vesting is never required but is purely a contractual provision negotiated between the employer and employee

Business

A company made an error in recording the Year 1 purchase of computer equipment as an expense. This was discovered in Year 2. The item should be reported as a prior period adjustment on the Year 2 income statement.

Answer the following statement true (T) or false (F)

Business