What does improving productivity mean? How can a manufacturing or service business improve productivity?
What will be an ideal response?
Improving productivity refers to improving the average level of output per worker per hour. Lean manufacturing, a concept built on the idea of eliminating waste from all production activities, is one way to improve productivity. Benefits include a reduction in resource usage, more efficient use of employee time, improved quality, and increased profits.
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The cutoff assertion relates to whether transactions and events have been recorded in the correct accounting period.
Answer the following statement true (T) or false (F)
In contrast to civil trial discovery proceedings, criminal discovery proceedings:
a. focus on reducing surprises b. focus on reversing verdicts c. focus on making all parties comfortable d. involve disclosing only a subset of information to the other side e. involve disclosing everything to the other side
Deacon Corporation has provided the following financial data from its balance sheet and income statement: Year 2Year 1Total assets$1,198,000 $1,160,000 Total liabilities$466,000 $460,000 Total stockholders' equity$732,000 $700,000 Net operating income (income before interest and taxes)$67,769 Interest expense$13,000 The company's equity multiplier at the end of Year 2 is closest to:
A. 0.64 B. 1.65 C. 0.61 D. 1.57
For each pair of tables to be joined, a condition must be included indicating how the tables are related
a. True b. False Indicate whether the statement is true or false