The just-in-time (JIT) philosophy is the belief that cutting inventory and removing non-value-added activities in operations can eliminate waste

Accounts with normal credit balances include

A. assets and liabilities. B. revenues and expenses. C. liabilities and stockholders' equity. D. revenues and assets.

When a real estate licensee employs a non-licensee, the licensee must be careful to make sure that:

A. activities requiring a real estate license are performed only by the licensee B. the employee's activities are limited to those permitted by the Real Estate Guide to Non-licensee Activities C. the non-licensee only discusses available properties but does not negotiate with parties D. the non-licensee accepts only advance fees, rather than commissions