Employee Involvement in a Lean Environment Means

question 22

Multiple Choice

Employee involvement in a lean environment means:
I. Operators must take responsibility for improving the process.
II. Management must take more of a leadership role.
III. Staff must be trainers and assist line people.

• A) all the above
• B) I and II only
• C) I and III only
• D) II and III only
• E) none of the above

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Definitions:

Posting

The process of transferring entries from the journal to the respective accounts in the ledger.

Journal Entries

Records in accounting that document every transaction affecting a company's financial position, detailing debits and credits to accounts.

Ledger Accounts

Individual records for each account in a company's financial statements, tracking all transactions affecting that account.

Chart of Accounts

An organized list of all the accounts in a company's general ledger which are used to categorize transactions.