JUMBLED LETTERS
Quiz by Maribel
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- Q1
The book of original entry.
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The book of final entry
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It involves the recording, on a regular basis, of a company’s financial transactions.
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These are individuals who manage all financial data for companies.
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The financial benefit realized when revenue generated from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity in question.
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Manufacturing equipment used in the production of goods
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Mode of production refers to how the product will be produced
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Human workforce involved in the manufacture of products
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Wood or lumber is a raw material used to produce a table or a chair
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Physical output of the whole production process. It should be valuable and beneficial tothe consumers and should satisfy their basic needs and wants
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A product has dissimilar characteristics, parts, and physical appearance.
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A product has a physical appearance, taste, or chemical content that can hardly be distinguished from that of the other products.
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A product system that is adopted when the production process is basically short and the machines are frequently changed.
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The production system undergoes several stages and the product is transferred from one worker to another.
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It is the production system adopted when the demand for the product is considered constant.
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