Extensible Business Reporting Language (XBRL) is an example of:

A) a 3GL language.
B) an XML-based vocabulary.
C) a legacy database application.
D) none of the above.

B

Business

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New projects or products can have an indirect effect on the firm as well as a direct effect. Which of the following appears to be an indirect effect of launching a new product?

A) additional machinery must be purchased. B) additional working capital is required. C) sales of our similar product will decline. D) the sales force will need to be increased.

Business

In the water and rocks analogy for lean:

A) water represents problems. B) water represents inventory. C) rocks represent inventory. D) water wears away rocks gradually just like continuous improvement programs improve quality.

Business