Lean Production Cuts the Throughput Time of a Manufacturing Concern

question 82

True/False

Lean production cuts the throughput time of a manufacturing concern.

---

Definitions:

Journalize

The process of recording financial transactions in a company's journal, detailing the accounts that are affected and by how much.

Office Expense

Costs related to activities within an office, including supplies, utilities, and administrative salaries, which are necessary for maintaining the office environment.

Journalize

The process of recording transactions in the journal as part of the accounting cycle.

Fees Earned

The revenue a company generates from providing services during a given accounting period.