One of W Edwards Deming's "14 Points" of Quality Is to

question 80

Multiple Choice

One of W. Edwards Deming's "14 points" of quality is to

• A) strive for short-term improvement rather than long-term profit.
• B) ensure compliance by inducing fear among those who deviate from process.
• C) allow autonomy and spontaneity.
• D) use numerical quotas regularly.
• E) rely on mass inspection to ensure quality.

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Definitions:

Accruals

An accounting practice that documents income and expenditures at the time they happen, irrespective of the timing of the associated cash transactions.

Recorded

The act of documenting transactions, changes, or events in the relevant books or databases for future reference and analysis.

Incurred

Refers to costs or expenses that have been realized or consumed in the operation of a business, often indicating that an economic event affecting the company's finances has taken place.

Depreciates

The process by which the value of an asset decreases over time, usually due to wear and tear or obsolescence.