Suppose a manager can reduce the processing time for loan applications by reducing the amount of time

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Suppose a manager can reduce the processing time for loan applications by reducing the amount of time the application awaits action. How does the reduction add value to the organization?

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Fundamentals of Cost Accounting

ISBN: 978-0077398194

3rd Edition

Authors: William Lanen, Shannon Anderson, Michael Maher

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Question Posted: Apr 26, 2012 02:35 AM

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Suppose a manager can reduce the processing time for loan applications by reducing the amount of time

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Value is added in two ways First the customer pr...View the full answer

Fundamentals of Cost Accounting

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