Which of the Following Emerging Themes in Cost Accounting Deals

question 30

Multiple Choice

Which of the following emerging themes 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

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Definitions:

Bailee

The person to whom personal property is transferred under a contract of bailment.

Bailor

The person who transfers personal property under a contract of bailment.

Borne

Carried or transported by the thing specified; often used to indicate who bears the responsibility for paying costs or charges.

Chattel

Personal property that can be moved from one place to another, such as furniture or vehicles.