The overall purpose of the plan-do-check-act cycle is to ________
A) better accommodate employee needs
B) improve products and services by reducing potential errors
C) minimize production costs
D) maximize production with the fewest employees
E) provide custom products at minimal expense
B
Explanation: B) When using the plan-do-check-act (PDCA), organizations first formulate a plan to reduce potential errors, carry out the plan on a small scale, check the outcome and effectiveness of the change, and then implement the plan on a larger scale while monitoring results continually. If this cycle takes place on a continual basis, the company will be able to consistently improve products and services by reducing potential errors.
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Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. Benchmark organizations discover which of their competencies guests consider to be core, then focus on bringing their other areas up to that standard. 2. Key drivers can be divided into two categories: basic things that the guests expect and the characteristics and qualities that make the experience memorable. 3. The organization can’t know what factors are the key drivers of guest satisfaction until they study all the drivers. 4. A “wow” can be built into any part of the guest experience. 5. The outstanding hospitality managers get the data, and then combine it with hunches and their own personal preferences to arrive at a decision.
During the month, Barrera Manufacturing incurred (not paid) $45,000 in direct labor costs in Department 1, $22,000 direct labor costs in Department 2, and $3500 of indirect labor costs. Which of the following is NOT part of the summary journal entry to record these transactions? Process costing is used.
A) debit to Manufacturing Overhead for $3500 B) debit to Work-in-Process Inventory for $70,500 C) credit to Wages Payable for $70,500 D) debit to Work-in-Process Inventory—Department 1 for $45,000
During April, Department A started 400,000 units of product in a particular production process. The beginning work in process inventory was 40,000 units, and the ending inventory was 50,000 units. Direct materials are introduced at the start of processing, and beginning and ending inventories are considered to be 40 percent complete with respect to conversion costs. Department A uses the FIFO
costing method. The number of units started and completed in Department A during April was A) 450,000. B) 350,000. C) 360,000. D) 160,000.