Point 14 of Deming's 14 Points Emphasizes

question 7

Multiple Choice

Point 14 of Deming's 14 points emphasizes:

• A)removing barriers that rob people of pride of workmanship.
• B)teaching and instituting leadership in an organization.
• C)encouraging education and self-improvement.
• D)taking action to accomplish the transformation in organizational culture.

---

Definitions:

7-year Property

Refers to assets that have a recovery period of 7 years under the Modified Accelerated Cost Recovery System for depreciation.

AMT Purposes

AMT purposes relate to the calculation for the Alternative Minimum Tax, a supplemental income tax required in addition to baseline income tax for certain individuals, corporations, estates, and trusts.

AMT Depreciation Adjustment

Adjustments made for alternative minimum tax purposes, recalculating depreciation based on specific AMT rules.

7-year Property

Assets, such as machinery and equipment, used in a business, deemed to have a depreciable life of 7 years for tax purposes.