The model whose goal is to eliminate waste while satisfying the customer and providing a positive return to the company is:
A. Just-in-time manufacturing model.
B. Continuous improvement model.
C. Corporate social responsibility model.
D. Managerial accounting model.
E. Lean business model.
Answer: E
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One of the duties generally imposed on the principal by the common law is the duty to:
A. reimburse and indemnify. B. consult. C. account for funds and property. D. share profits and losses.
Using Table 7.4, what is the largest amount of slack that any activity in the project has?
A) zero weeks B) two weeks C) four weeks D) six weeks
Regarding measuring advertising effectiveness, which of the following statements is FALSE?
A. No single research technique has proven most effective. B. Managers probably should pretest advertising rather than relying only on the judgment of advertising "experts." C. Advertising effectiveness is easily measured by looking at the sales results. D. Some advertisers are now demanding laboratory or market tests to evaluate effectiveness. E. If specific advertising objectives are set, then marketing research can help evaluate the effectiveness of ads.
Onyemah Corporation uses the FIFO method in its process costing system. Operating data for the Brazing Department for the month of November appear below: UnitsPercent Complete with Respect to ConversionBeginning work in process inventory7,30040%Transferred in from the prior department during November37,500 Completed and transferred to the next department during November35,600 Ending work in process inventory9,20070% What were the equivalent units of production for conversion costs in the Brazing Department for November?
A. 42,040 B. 39,400 C. 39,120 D. 35,600