A Plan Specifying How to Identify Wasteful and Non- Value

question 93

Multiple Choice

A plan specifying how to identify wasteful and non- value added activities is called:

• A)quality baseline.
• B)activity improvement plan.
• C)quality management plan.
• D)process improvement plan.

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Definitions:

Excellence Canada

An organization that promotes organizational excellence and healthy workplace cultures through standards and certifications in Canada.

Quality Management Principles

Fundamental beliefs, norms, rules, and values that are accepted as true and applied by an organization in quality management.

Managerial Accounting

The process of providing financial information and analysis to managers within organizations to facilitate decision-making.

Financial Accounting

The practice of recording, summarizing, and reporting the myriad of transactions resulting from business operations over a period of time.