Which of the following works in manufacturing but is NOT applicable to service providers?
A) quality assurance
B) statistical process control
C) Six Sigma
D) ISO 9000 series
E) total quality management
Answer: D
Explanation: D) The ISO 9000 series consists of quality assurance procedures companies must install, in purchasing, manufacturing, inventory, shipping, and other areas that can be audited by "registrars," or independent quality assurance experts. It is used specifically for manufacturing businesses.
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Leno, Inc Data for Leno, Inc for 2012 are presented below. Credit sales during the year $3,200,000 Accounts receivable--December 31, 2012 325,000 Allowance for bad debts--December 31, 2012 35,000 Bad debt expense for the year 20,000 Refer to the information given above for Leno, Inc What amount will Leno show on its year-end balance sheet for the net realizable value of its accounts receivable?
A) $305,000 B) $290,000 C) $280,000 D) $325,000
________ is a budgeting guideline that recognizes employees affected by a budget should be involved in preparing it.
What will be an ideal response?
Which of the following rights cannot be conveyed?
A) Air rights B) Mineral rights C) Prior appropriation water rights D) None of the above
Multicollinearity is present if the dependent variable is linearly related to one of the explanatory variables
Indicate whether the statement is true or false