Some purposes of continuous process improvement are:
A) improvement of levels of worker safety.
B) the improvement of production processes and procedure.
C) the reduction of worker fatigue and effort without reduction of levels of output.
D) the improvement of factory, department, and work-station layout to improve work flows.
E) all of the above
E
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A small stock dividend is accounted for by transferring from retained earnings to contributed capital an amount equal to the par value of the additional shares issued
Indicate whether the statement is true or false
Venus Manufacturing uses a predetermined overhead allocation rate based on direct labor cost. At the beginning of the year, it estimated the manufacturing overhead rate to be 20% of the direct labor cost. In the month of June, Venus completed Job 13C and its details are as follows:
What is the total cost incurred for Job 13C?
A) $27,632
B) $24,000
C) $10,360
D) $30,360
When drawing up a daily "to do" list, a salesperson should most likely:
A) refer to the previous day's log for unaccomplished activities B) avoid listing more than five items for one day C) record more tasks than can be completed D) list activities in priority order E) rank items alphabetically
When a physician performs an operation, this would be considered what type of contract?
a) real property b) sales c) personal service d) none of the above