Examlex
Which of the following controls is future oriented and aims to prevent problems before they arise?
Quality Improvement Process
Continuous efforts to enhance product quality, process efficiencies, or customer satisfaction.
Total Quality Costs
The cumulative cost of all efforts to achieve product or service quality, including prevention, appraisal, and failure costs.
Weighted-Average Method
A process costing method that blends together units and costs from both the current and prior periods.
Process Costing System
An accounting method used for homogeneous products, allocating costs to units of product based on the processes they undergo.
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