TQM Includes All of the Following, EXCEPT

question 86

Multiple Choice

TQM includes all of the following, EXCEPT:

• A) Continuously improving quality.
• B) Making a total effort toward meeting customer needs.
• C) Making everyone responsible for doing the right job the first time.
• D) Top management being solely responsible for meeting quality standards.

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Definitions:

FVTPL

Fair Value Through Profit or Loss, a classification under International Financial Reporting Standards for financial assets held for trading or designated upon initial recognition as measured at fair value, with changes in fair value recognized in profit or loss.

FVTOCI

stands for Fair Value Through Other Comprehensive Income, a classification under IFRS for financial assets that are measured at fair value with fluctuations recorded in other comprehensive income.

Share Price

The price at which a single share of a company's stock is bought or sold in the market.

ASPE

Accounting Standards for Private Enterprises, a set of accounting practices and principles for private companies in Canada.