With Respect to the Japanese Terms of the 5S Concept

question 61

Multiple Choice

With respect to the Japanese terms of the 5S concept, _____ means setting in order.

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

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Definitions:

Cash Budget

A financial plan that estimates cash inflows and outflows over a specified period, helping manage cash flow and liquidity.

Capital Expenditures Budget

A budget that outlines planned investments in long-term assets and projects, emphasizing spending on acquiring or upgrading physical assets.

Assurance of Future Profits

A form of guarantee or promise that endeavors to ensure or secure profit generation in future business activities.

Budgeting

The process of creating a plan to spend your money over a certain period, outlining projected income and expenses.