Which of the Following Statements Is NOT a Characteristic of the Box

question 17

Multiple Choice

Which of the following statements is NOT a characteristic of the box scorecard?

• A)Operational,nonfinancial measures are used only at the department level.
• B)There is a comparison of operational,capacity,and financial metrics.
• C)The lean control approach uses a mixture of financial and nonfinancial measures for the value stream.
• D)A weekly product cost is reported in the box scorecard.

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Definitions:

Insurance

A contract whereby one party pays premiums to another party who undertakes to pay compensation for losses resulting from risks or perils specified in the contract.

Insured

A person or entity covered under an insurance policy, receiving protection against specified losses or damages in exchange for payment of a premium.

Fee

A charge or payment for a service, often imposed by a professional or official body.

Property Insurance

Insurance coverage that provides financial reimbursement to the owner or renter of a structure and its contents in case of damage or theft.