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NEW QUESTION: 1
The very best way to begin an effort to map a process is to do which of these?
A. Walk the actual process from beginning to end
B. Take pictures of the factory floor at each shift
C. Interview the process owner
D. Interview the manager of the department
Answer: A
Explanation:
Explanation/Reference:
Explanation:
NEW QUESTION: 2
In measuring the business risk, for many companies, sales volatility is the most important
determinant of the
fluctuation of net income measured by the standard deviation.
Although companies may have some control over annual sales volume, sales volatility is,
to a considerable extent, a function of the:
A. GDP
B. Economy's overall health
C. Operating leverage
D. Consumers' willingness to spend their disposable income
Answer: B,D
NEW QUESTION: 3
Which characteristics of account determination can be used to assign revaluation adjustments to different G/L accounts? (Choose three)
A. Currency
B. Chart of accounts
C. Reconciliation account
D. Valuation method
E. Valuation key
Answer: A,B,C