Which of the Following Statements Is Incorrect in Comparing Activity-Based

question 55

Multiple Choice

Which of the following statements is incorrect in comparing activity-based management (ABM) and lean operations?

• A)Both identify value-adding and nonvalue-adding activities
• B)ABM uses a simpler accounting system
• C)Both are activity-based systems
• D)Lean manufacturing reorganizes production activities into workcells

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Definitions:

Population Of Interest

The complete set of individuals, items, or data that a study aims to understand or draw inferences about.

Councilman

An elected member of a council, tasked with legislating and making decisions for a local government area.

Descriptive Measure

A quantitative summary or representation of a set of data, used to describe the main features of a collection of information, including measures of central tendency and dispersion.

Population

The entirety of individuals or items under consideration for a statistical analysis or survey.