The ability to automatically detect the occurrence of an abnormality, thereby helping achieve quality at the source, is jidoka
Therefore, Jidoka's definition is best understood as "automation". This means manual automation or autonomous automation. The origin of Jidoka can be traced back to Toyota Motor Corporation, which was founded by Sakichi Toyoda as a textile manufacturer.
A famous example of Jidoka is his Model G for Toyoda Automatic Loom, invented and patented in 1925 by Sakichi Toyoda (1867–1930). This is one of the many looms invented by this inventor, but perhaps his most famous. This loom could be operated almost unmanned. Jul 31, 2018
Automation is a commonly used term in Lean Manufacturing, widely considered one of the pillars of the Toyota Production System, the other being Just in Time (JIT). The term "Jidoka" is often used to impress others, but the idea behind it is less common outside of Toyota.
Learn more about jidoka here
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Answer:
Bad Debt Expense Dr. $28050
Allowance for Uncollectible accounts Cr. $28050
Explanation:
given data
credit sales = $620,000
accounts receivable = $320,000
past due = $55,000
credit balance = $2,600
rate = 7 %
rate = 22 %
solution
so here Not yet past due is = $320,000 - $55,000 -
Not yet past due = $265,000
and
past due = $55,000
so Required provision is
Required provision = $265,000 × 7 % + $55,000 × 22 %
Required provision = $30650
and
Opening balance is $2,600
so
Required expense for year = $30650 - $2,600
Required expense for year = $28050
so here
correct entry is
Bad Debt Expense Dr. $28050
Allowance for Uncollectible accounts Cr. $28050
The risks of foreign outsourcing is that they could stop trading with you.
Answer:
A. Prequalification
Explanation:
First, the Options to the Question
a. Prequalification
b. A contingency clause
c. A Multiple Listing Service
d. Due diligence
What is a PreQualification in Mortgage Processing
Because most persons who are interested in buying a home do not have hundreds of thousands of dollars in cash to purchase the home of their dreams, the concept of mortgage is to approach a lender who will then advance the needed sum for the purchase and then the borrower will pay the advanced sum over some time (most times up to 30 years) at an interest rate.
A PreQualification is a process through which the lender evaluates the creditworthiness of the borrower and also decide the amount of loan the borrower is entitled to. This is done through the financial documents and records made available to the lender by the borrower
One important takeaway from a prequalification is that it is an approximation of what a borrower is entitled to base solely on the information given to the lender. It is, therefore, an approximation which can be less or more when the official application for the loan is submitted.
As stated in the question, getting a prequalification helps Matt to identify and understand the areas of problems and credit report errors that may arise and then he can use the prequalification information to attend to these errors and ensure a proper application is submitted that will allow him to maximise the amount of loan that can be made available to him.
Once Matt has corrected errors and identified problems that may arise on his mortgage application, he then gathers the relevant document and goes for the first formal process in mortgage processing which is the preapproval.
The correct answer is A. A publisher prevents its employees from using office computers for personal use.
Explanation
Internal compliance is a set of strategic internal rules and measures focused on employee behavior and ethics. This internal Compliance was obtained with the aim of improving business practices aimed at raising the quality level of results, goals, and objectives. According to the above, the correct answer is "A. publisher prevents its employees from using office computers for personal use." because this is an example of a business rule that pre-empted the misuse of company equipment preventing its employees from using it for purposes other than corporate ones.
