Which of the following is NOT true regarding the phrase quality is free?
a. It is attributed to Philip Crosby.
b. It is the title of a book.
c. It suggests that a quality program pays for itself.
d. Quality inspectors work for free.
d. Quality inspectors work for free.
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Using an MIS system to assess and reward performance promptly falls under which stage of the management process?
A) Planning B) Performing C) Evaluating D) Communicating
Which of the following statements is true?
a. Reorienting is more time consuming and challenging than re-creating b. Tuning is more laborious than adapting c. Reorienting is much more challenging than tuning d. Adapting requires much more effort than overhauling
What is the reliability of the three components connected in series shown below?
A) 0.799425 B) 0.85000 C) 0.91333 D) 0.95000 E) 2.79
Regarding the use of a spreadsheet for the preparation of the statement pf cash flows, which of the following statements is true?
A) The T-account approach works well for all companies. B) The statement of cash flows cannot be prepared directly from the spreadsheet because additional information is needed. C) The spreadsheet is needed when companies face complex situations. D) The spreadsheet can only be used if the indirect method for operating activities is also used.