Which of the Following Emerging Trends in Cost Accounting Deals

question 153

Multiple Choice

Which of the following emerging trends in cost accounting deals with managers striving to create an environment that will enable workers to manufacture perfect (zero-defect) products?

• A)advances in information technology
• B)time as a competitive element
• C)global competition
• D)total quality management

Appreciate the dynamic nature of therapeutic self-care demands in Orem's theory.

Understand the conceptual foundation of Johnson's Behavior System Model.

Identify the key theoretical influences that shaped Johnson's Model.

Recognize the structural components of subsystems within Johnson's Model.

---

Definitions:

Economics

The social science that studies how individuals, governments, firms, and nations make choices on allocating scarce resources to satisfy their unlimited wants.

Profit

The financial gain obtained when the revenues generated from business activities exceed the expenses, costs, and taxes involved in sustaining the activity.

Capital

Financial assets or the financial value of assets, such as funds held in deposit accounts and/or the physical factors of production including machinery and buildings.

Resource Owners

Individuals or entities that hold legal rights or control over natural, human, or capital resources, enabling them to use or allocate them.