All of the Following Statements About the Use of Quality

question 91

Multiple Choice

All of the following statements about the use of quality circles are true EXCEPT

• A) employees meet regularly to identify problems.
• B) employees are empowered to control their work.
• C) the use of a question/answer period is important.
• D) employees can propose solutions to problems.
• E) All of these are true of quality circles.

---

Definitions:

Operating Activities

Activities that relate directly to the primary business operations of a company, such as selling goods and services, which are reflected in the cash flow statement.

Cash Dividends

Payments made by a corporation to its shareholders from earnings, usually on a quarterly basis, representing a portion of the corporate profits.

Accumulated Depreciation

The total amount of a tangible asset's cost that has been allocated as depreciation expense since the asset was put into use.

Direct Method

A cash flow statement preparation method that reports major classes of gross cash receipts and payments. This method is one of two standards for creating the statement of cash flows.