Which of the following uses graphics to show all activities related to a process, including its inputs and outputs, decision points such as approvals and exceptions, and any cross-functional relationships?
A. value stream map (VSM)
B. process simulation
C. route sheet
D. process chart
D. process chart
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You agree to make 24 deposits of $500 at the beginning of each month into a bank account. At the end of the 24th month, you will have $13,000 in your account. If the bank compounds interest monthly, what nominal annual interest rate will you be earning?
A. 7.62% B. 8.00% C. 8.40% D. 8.82% E. 9.26%
Which of the following accounts should be closed to Income Summary at the end of the fiscal year?
A) Supplies Expense B) Accumulated Depreciation C) Prepaid Insurance D) Unearned Rent
A minimum cash balance required by a bank is called
A) cash in bank B) cash equivalent C) compensating balance D) EFT
Matt is passionate about Hollister. It is the only place he'll buy his clothes. He hasn't shopped anywhere else in the last few years and will often write positive reviews on his blog about Hollister's merchandise. From a strictly marketing perspective, Matt's positive reviews reflect
A. motivation. B. self-actualization. C. brand extension. D. brand loyalty. E. social marketing.