With Respect to the Japanese Terms of the 5S Concept

question 39

Multiple Choice

With respect to the Japanese terms of the 5S concept, _____ means sorting.

• A) seiso
• B) seiri
• C) shitsuke
• D) seiton

---

Definitions:

Cost Of Goods Sold

Expenses specifically arising from the production of the merchandise a business sells, such as labor and materials.

Acid-Test Ratio

A liquidity ratio that measures a company's ability to pay off its current liabilities with its quick assets without needing to sell inventory.

Balance Sheet

A financial statement that shows a company's assets, liabilities, and shareholders' equity at a specific point in time, providing a snapshot of the firm's financial condition.

Sales On Account

Sales made to customers for which payment is to be made in the future.