When Drawing a Process Map, a Good Idea Is to Meet

question 56

True/False

When drawing a process map, a good idea is to meet with employees to solicit ideas, suggestions, and comments.

---

Definitions:

Compounded Monthly

A method of calculating interest where the earned interest is added to the principal so that the balance doesn't merely grow, it grows at an increasing rate.

Combined Equivalent

A combined measure or assessment that brings together several different factors or values into a single, comprehensive figure.

Scheduled Payments

Periodic payments made by a borrower to a lender under the terms of a loan.

Compounded Monthly

The process of applying interest to an initial sum and the accumulated interest over time on a monthly basis.