According to the Kaizen Principle of Continuous Improvement, the Status

question 48

Multiple Choice

According to the kaizen principle of continuous improvement, the status quo of the process is the ________ step.

• A) innovation
• B) maintenance
• C) kaizen
• D) kanban

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Definitions:

Liability Account

An accounting record representing money or value owed by the company to others.

Decrease

A reduction in size, number, or amount.

Debit

A bookkeeping record that leads to an uptick in a firm's assets or a reduction in its liabilities on the balance sheet.

Account Receivable

Money owed to a company by its customers for goods or services delivered but not yet paid for.