Setting a new minimum standard is which of the following steps in the kaizen cycle of kaizen costing?

A) Plan
B) Do
C) Check
D) Act


D

Business

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Which of the following is not a cash outflow from an operating activity?

a. a withdrawal by the owners; b. a payment for the acquisition of inventory; c. a tax payment to the government; d. a payment for interest on a loan; e. the payment of wages.

Business

Prospective adjustments are expected to

A) impact financial statements of only previous years. B) impact financial statements of previous years and current years as if the accounting principle had always been used. C) produce no impact on the financial statements of previous years. D) impact the financial statements of the current year only.

Business

In a service blueprint, activities are divided between those above and those below the line of ________ to a customer.

A. threshold B. distinction C. visibility D. motivation E. demarcation

Business

Which of the following is NOT a characteristic of a healthy group?

a. Members support one another. b. Decisions are made by a group leader. c. Members trust one another. d. The group aims to excel.

Business