Kanbans and andons are both elements of the visual workplace, because they are visual signals that replace printouts and paperwork

Indicate whether the statement is true or false


TRUE

Business

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The parties involved in a defined benefit plan are the same as those in a defined contribution plan.

Answer the following statement true (T) or false (F)

Business

Notes issued by major corporations are known as commercial paper

a. True b. False Indicate whether the statement is true or false

Business

Nolan Company has two segments: Audio and Video. Sales for the Audio Segment were $500,000 . and variable costs were 60% of sales. The Video Segment also had sales of $500,000 . but variable costs were 60% of sales. Fixed costs directly traceable to the Audio and Video segments were $150,00 . and $120,000 . respectively. Common fixed costs of $200,00 . were arbitrarily allocated equally to each

segment. What was the contribution margin of the Audio Segment. a. $50,000 b. $300,000 c. $200,000 d. $150,000

Business

Which of the following is an appropriate performance measure for a company whose corporate goal is to deliver quality products to its customers?

a. on-time delivery b. ability to respond to last-minute order changes c. proximity to the buyer’s premises d. delivery of defect-free products to buyer

Business