Which One of the Following Is Not One of the Foundational

question 27

Multiple Choice

Which one of the following is not one of the foundational building blocks of JIT?

• A)Product design
• B)Process design
• C)Personnel/organizational elements
• D)Planning and controls
• E)ERP application software

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Definitions:

Enron

Enron was a U.S.-based energy company that became infamous for its financial scandal in 2001, involving massive accounting fraud that led to the company’s bankruptcy and the dissolution of Arthur Andersen, one of the five largest audit and accountancy partnerships in the world.

HealthSouth

A private healthcare company, known for a significant accounting scandal involving overstating earnings to meet stockholder expectations.

Formal Presentation

A structured display or speech to convey information or ideas effectively to an audience, often in a professional setting.

Balance Sheet

A summarization capturing the value of assets, liabilities, and equity from shareholders of a company at an exact moment.