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question 183

Multiple Choice

Subtract.
-16 - (-16)

Recognize the professional designations and ethical standards in the accounting profession.
Understand the significance of benchmarking and total quality management (TQM) in improving business performance.
Grasp the basic concepts of managerial accounting.
Understand the principles and benefits of the just-in-time (JIT) approach and its impact on production and inventory management.

Definitions:

Attitude

(a) A relatively enduring organization of beliefs, feelings, and behavioral tendencies towards socially significant objects, groups, events, or symbols. (b) A general feeling or evaluation – positive or negative – about some person, object, or issue.

Behaviour

What people actually do that can be objectively measured.

Legitimised

Made acceptable, lawful, or officially approved, often in a social, legal, or moral context.

Enshrined

Describes something that is preserved or cherished as if sacred, often in reference to principles, rights, or values embedded within legal or moral codes.

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