WorksheetsCOB UEH ngocdiep
Total questions: 14
Worksheet time: 7mins
What is batch production?
Production in batches
Production of individual items
Mass production
Continuous production
What does 'lead time' refer to?
Inventory management
Production line efficiency
Waiting time
Production output
What is the meaning of 'quality assurance'?
Measuring performance
Ensuring product quality
Allocating resources
Supervising operations
What does 'just-in-time (JIT) manufacturing' aim to achieve?
Standardize processes
Reduce inventory costs
Increase production yield
Enhance product quality
What is a 'current asset'?
Long-term investment
Fixed asset
Cash equivalents
Accounts payable
What does 'deferred tax' refer to?
Tax that is paid immediately
Tax on sales
Tax that is postponed
Tax on capital gains
What is a 'financial backer'?
A type of loan
A financial investor
A stockholder
A government grant
What does 'hedge fund' refer to?
A type of mutual fund
A high-risk investment fund
A government bond
A retirement account
What is 'inventory management'?
Overseeing production processes
Controlling stock levels
Managing financial accounts
Allocating resources
What does 'acquisition' mean in a business context?
Borrowing funds
Investing in stocks
Purchasing another company
Selling a company
What is 'lean manufacturing'?
A form of batch production
A type of mass production
A strategy to minimize waste
A method to increase waste
What does 'default' mean in finance?
To pay back a loan
To fail to meet a financial obligation
To acquire assets
To invest in stocks
What is 'due diligence'?
A financial report
The process of investigation before a transaction
A type of investment
A legal requirement
What does 'volatility' refer to in finance?
Long-term growth
Consistency in returns
Unpredictability of market prices
Stability of assets
