Which of the Following Is NOT Considered a Major Source

question 124

Multiple Choice

Which of the following is NOT considered a major source of waste?

• A) costs spent on defect detection
• B) unnecessary movement of goods
• C) unnecessary transport of goods
• D) design of goods and services that don't meet the needs of the customer

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Definitions:

Invoice Approval

The process of reviewing and verifying invoices from suppliers before payment is made, to ensure that the charges are correct and services or goods were received.

Bonded

Refers to a business or individual that has purchased a surety bond, a type of insurance policy that protects against losses caused by the bonded party.

Insurance Policy

A contract between an insurer and a policyholder that specifies the terms of the insurance coverage.

NSF Check

A check that cannot be processed because the drawer's account does not have sufficient funds, standing for Non-Sufficient Funds.