Match the Term with Its Definition

question 118

Multiple Choice

Match the term with its definition. Some terms may not be used.
-An all-encompassing management approach to providing high-quality products or services

• A)Acceptance sampling
• B)Attributes
• C)Bottleneck
• D)Constraint
• E)Inspection
• F)ISO 9000
• G)Operations
• H)Operations management
• I)Poka-yoke
• J)Quality
• K)Total quality management
• L)Variables

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Definitions:

Outstanding Checks

Checks that have been written and recorded in the payer's accounting system but have not yet been cashed or cleared by the bank.

Adjusted Cash Balance

A financial metric representing the amount of available cash after accounting for adjustments such as outstanding checks or deposits in transit.

Check Register

A record book used to keep track of all the checks issued, deposits made, and current balance in a checking account.

Bank Statement

A summary of financial transactions that have occurred over a given period on a bank account.