________ is a system used by a producer to ensure that the finished goods or services meet the expectations of customers.
A. Standing order
B. Quality circle
C. Just-in-time management
D. Quality control
Answer: D
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Tax rate schedules are provided for use by (relatively) higher-income taxpayers, while the tax tables are provided for use by (relatively) lower-income taxpayers.
Answer the following statement true (T) or false (F)
Tremble Company manufactures outdoors wear for women. During 2014, the company reported the following items that affected cash. Required: Indicate whether each of these items is a cash flow from operating activities (O), investing activities (I), or financing activities (F). _____A. Paid cash for supplies _____B. Purchased equipment by paying cash _____C. Collected cash on account from customers
_____D. Paid dividends to stockholders _____E. Paid suppliers for fabric _____F. Borrowed money from a bank on a long-term note _____G. Paid interest to bank on the note _____H. Paid wages to employees _____I. Sold shares of common stock to new stockholders Fill in the blank(s) with correct word
Which of the following is a decision process people and businesses use to manage systems to achieve an objective?
A) SWOT analysis B) business planning C) ROMI D) the balanced scorecard E) the BCG matrix
Which of the following is true of the natural law school of jurisprudence?
A) It has existed since 300 B.C. and bases law on certain unchanging value judgments. B) It focuses on environmental concerns, such as toxic waste and air quality. C) Its source of law is contemporary community opinion and customs. D) It teaches that the legislature is the primary source of all law.