The Practice of Taking Money from Sales Without Reporting It

question 117

True/False

The practice of taking money from sales without reporting it as income is called sliding.

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Definitions:

Manufacturing Cycle Time

The total time taken from the start of production to the completion of the final product, including all processing and waiting times.

JIT Systems

Just-in-time production strategies that aim to reduce in-process inventory and carrying costs by producing only what is needed, when it's needed.

TPS

An acronym for Toyota Production System, a methodology that aims to increase efficiency by eliminating waste and improving production processes.