Which of the Following Is Not a Characteristic of Preventive

question 13

Multiple Choice

Which of the following is not a characteristic of preventive maintenance in JIT systems?

• A) Maintaining equipment in good operating condition
• B) Replacing parts before rather than after they fail
• C) Training workers to do certain repairs themselves
• D) Eliminating supplies of spare parts
• E) All of the choices are true

---

Definitions:

Journal Entry

A record in the accounting ledger that shows a business transaction, involving a debit to one or more accounts and a credit to another to balance.

Consolidated Financial Statements

Financial reports that display the economic condition, operational outcomes, and cash movements of a parent company and its subsidiary companies as one consolidated entity.

Pooling-of-interests Method

A merger accounting method where the assets and liabilities of merging companies are combined using their book values.

Acquisition Method

An accounting approach used to consolidate the financial statements of two companies when one company acquires control over the other.