The Standardization Principle Is Generally Regarded as the Most Important

question 65

True/False

The standardization principle is generally regarded as the most important of the 10 materials handling principles.

---

Definitions:

Insurance Policies

Contracts between an insurer and the insured that specify the terms for payment in the event of a loss.

State Laws

Regulations established by individual states within a country, which govern within their territory and may vary from state to state.

Federal Laws

Laws enacted by the national government of a country that apply to the entire nation, superseding state and local laws where there is conflict.

Beneficiary

An individual or entity entitled to benefits or assets under a will, trust, insurance policy, or other legal instrument.