Excess idle machine or operator time is which of the seven wastes?

a. Waiting
b. Transportation
c. Excess inventory
d. Excess movement


a. Waiting

Business

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Which of the following amounts should NOT be posted to any ledger account?

a. the total of the Cash Credit column b. the total of the Professional Fees column c. the total of the Supplies Expense column d. the total of the General Debit and Credit column

Business

Departmental direct operating margin shows the department's

a. percentage of company assets used during the period; b. contribution to the company's overall operating margin; c. allocation of costs to the company as a whole; d. share of indirect revenues; e. none of these.

Business

Recent research has shown that there is an ethical maturity model (EMM) that explains why people make unethical decisions, and there are four levels in it. Which of the following level is NOT one among them

a. Personal ethical understanding b. Corporate code of ethics c. Application of ethics d. Ethical courage e. Ethical leadership

Business

Commercial paper is a contract to pay money

a. True b. False Indicate whether the statement is true or false

Business