Legal precedents are decisions by judges that may be used as standards in similar legal cases that follow
Indicate whether the statement is true or false
TRUE
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Lean production is focused on eliminating waste associated with all of the following except:
A) moving products farther than required. B) down time caused by people waiting for work to do. C) providing excessive customer service. D) over-processing a product.
The manager of a profit center should not be responsible for which of the following types of decisions?
A) Deciding which supplier should be used for the purchase of direct materials. B) Establishing the number of employees that will need to work each day. C) Deciding whether or not their segment should purchase additional machinery. D) Deciding whether or not to accept a special order from a customer.
The Liability coverage in the HO policy does all the following except:
A) defends a suit against the insured even if the allegations of the suit are groundless, false or fraudulent B) covers the insured's own property destroyed by another's negligence C) pays for immediate medical and surgical expenses incurred by other(s) D) reimburses the insured for all reasonable expenses incurred at the request of the company
Medicare is a government health insurance program that covers people over age 55 and provides payments to health care providers in case of illness
Indicate whether the statement is true or false.