Which of the Following Is Not True Regarding ABC

question 66

Multiple Choice

Which of the following is not true regarding ABC?

• A)ABC is too time-consuming and complicated for practical applications over a sustained period.
• B)ABC identifies the most and least profitable products and customers.
• C)ABC promotes the lean manufacturing philosophies of process simplification and waste elimination.
• D)All of the statements are true.

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Definitions:

Big Five

A model in psychology that outlines five major dimensions of human personality traits: Openness, Conscientiousness, Extraversion, Agreeableness, and Neuroticism.

Emotional Stability

A personality trait characterized by the consistency of one's emotional state and a low propensity to experience negative emotions under stress.

Openness

A quality of being willing to consider new ideas, experiences, and information without prejudice.

Extended Family

A family structure that goes beyond the nuclear family to include other relatives such as grandparents, aunts, uncles, and cousins.