One of the ways that just-in-time (or JIT) influences quality is that by reducing inventory, bad quality is exposed
Indicate whether the statement is true or false
TRUE
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Deferred taxes are caused by using different accounting methods for tax and financial reporting purposes
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. The idea that two or more forces combined create an effect that is greater than the sum of their individual effects is called syncretism. 2. Right Office Equipment continually talks with customers after they purchase their products, and Right Office managers regularly visit customers to gather feedback on new products, product improvements, and how Right Office can better serve its customers. This is an example of an open system. 3. When Mr. Jones, the owner of a local hardware store, asks one of his lawnmower suppliers about the total ability of their product to meet customer needs, he is questioning the quality of that mower. 4. A-Plus Manufacturing has a policy of using statistical sampling to locate errors by testing just some (rather than all) of the items in a particular production run. This strategy of minimizing errors is known as synergy. 5. A local furniture retailer routinely develops and acquires new knowledge, and the employees communicate what they learn to other employees, so the company is able to modify its behavior to reflect what they have learned. This organization is an example of a learning organization.
Consider the following activities that take place in a veterinary clinic.(a) Cleaning cages.(b) Heating and air conditioning the clinic.(c) Sending blood work to a lab.(d) Dispensing medicine.Which of the following statements is true?
A. Heating and air conditioning the clinic is a facility level activity. B. Dispensing medicine is a facility level activity. C. Cleaning cages is a facility level activity. D. Sending blood work to a lab is a facility level activity. E. Service entities cannot use ABC for overhead allocation.
Inspections are a means of enforcement for administrative agencies
Indicate whether the statement is true or false