Flow diagrams are used to analyze:
A) movement of people or material.
B) utilization of an operator and machine.
C) body movements.
D) time taken by various activities.
E) unnecessary micro-motions.
A
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For one product that a firm produces, the manufacturing cycle efficiency is 25 percent. If the total production time is 10 hours, what is the total manufacturing time?
a. 2.5 hours b. 8.0 hours c. 10.0 hours d. 40.0 hours
Which of the following statements is true?
a. The problems of the FASB stem from its limited use of due process. b. The FASB has not been as successful as its predecessors were. c. Many studies have found that large accounting firms tend to dominate policy at the FASB. d. With the implementation of the FASB, the capture theory argument lost much of its validity.
High-value creating enterprises should be thinking in terms of functions, not activities
Indicate whether the statement is true or false
In a short essay, list four specific goals that would enhance the employees’ knowledge of ethical issues, develop skills to support a strong ethical climate, and ensure proper ethical decision making by the employees.
What will be an ideal response?