The first step in reducing setup times is the separation of setup into preparation activities and actual setup, so that as much work as possible can be done while the machine or process is operating

Which of the following is integrated throughout a manager’s primary responsibilities?

A. Lean thinking B. Quality management C. Decision making D. Budgeting

A government issued bond anticipation notes to provide initial financing for a general government capital project. The bond anticipation note

A. Proceeds are always reported as an other financing source in the Capital Projects Fund. B. Payable should be reported as a liability of the Capital Projects Fund except when the original term of the notes exceeds one year. C. Payable is usually repaid by the Capital Projects Fund. D. Interest on the bond anticipation note should be capitalized as part of the cost of the capital asset.