Which of the Following Is Not One of the Eight

question 40

Multiple Choice

Which of the following is not one of the eight key principles of total quality management?

• A)Strive for zero defects.
• B)Define quality in terms of customers and their requirements.
• C)Focus on output rather than process.
• D)Make quality everyone's responsibility.
• E)Stress objective rather than subjective analysis.

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Definitions:

Gain or Loss

Represents the difference between the selling price of an asset and its original purchase price, indicating a profit or a loss.

Discarded

Items or materials that have been thrown away or deemed as no longer useful or needed.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded against a fixed asset over its useful life to date.

Original Cost

The initial price paid to acquire an asset before any depreciation or amortization.