Which of the Following Is NOT Consistent with Lean Practices

question 78

Multiple Choice

Which of the following is NOT consistent with lean practices?

• A)reduced waiting
• B)reducing transportation
• C)minimizing overproduction
• D)excess motion

Grasp the requirements for note disclosures and their significance in financial statements.

Appreciate the importance and implications of reclassification and presentation adjustments post-reporting date.

Comprehend the criteria for classifying operating cycles and the impact on financial statement presentation.

Understand the principles and conditions for revenue recognition.

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Definitions:

Gross Profit

The financial gain made after deducting the costs of goods sold from total sales revenue.

Electronic Calendar Management

The use of digital tools and software to organize, schedule, and manage appointments, meetings, and events.

CRM System

Customer Relationship Management system; a technology for managing all your company's relationships and interactions with customers and potential customers.

Knowledge Management

The process of capturing, distributing, and effectively using knowledge within an organization.