Organizing the second level of the Work Breakdown Structure by major design components facilitates rolling wave planning

Indicate whether the statement is true or false


F

Business

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The gradual and ongoing improvement of products and processes while reducing costs is known as

A) TQM. B) process mapping. C) kaizen. D) benchmarking.

Business

A unit that senior managers isolate from normal corporate operations in order to protect creative individuals and corporate orthodoxy is known as:

a. an R&D center. b. a skunk works. c. a new venture division. d. an innovation engine. e. a heavyweight organization.

Business

Public notice and comment are not required when an administrative agency is making interpretive rules or general statements of policy

Indicate whether the statement is true or false

Business

On July 9, Mifflin Company receives an $8900, 90-day, 12% note from customer Payton Summers as payment on account. What entry should be made on the maturity date assuming the maker pays in full, and no adjusting entries have been made related to the note? (Use 360 days a year.)

A. Debit Cash $9102; credit Interest Revenue $202; credit Notes Receivable $8900. B. Debit Cash $9167; credit Interest Revenue $267; credit Notes Receivable $8900. C. Debit Cash $8900; credit Notes Receivable $8900. D. Debit Notes Receivable $8900; debit Interest Receivable $267; credit Sales $9167. E. Debit Cash $9078; credit Interest Revenue $178; credit Notes Receivable $8900.

Business