The Shewhart-Deming Cycle Plays an Important Role in Which of the Following

question 71

Multiple Choice

The Shewhart-Deming cycle plays an important role in which of the following Deming's 14 points for management?

• A)Adopt the new philosophy.
• B)Break down barriers between staff areas.
• C)Create constancy of purpose for improvement of product and services.
• D)Eliminate slogans,exhortation,and targets for the workforce.

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Definitions:

Statement of Cash Flows

A document that explains how fluctuations in balance sheet accounts and income streams affect cash and cash equivalents, dividing the analysis among operating, investing, and financing operations.

Capital Cost Allowance (CCA)

CCA is the tax deduction allowed in Canada for the depreciation of property used in a business or profession.

Depreciation

The accounting process of allocating the cost of tangible assets over their useful lives, reflecting the decrease in value over time.

Net Capital Spending

The amount spent by a company for maintaining or increasing the scope of its assets, minus any sales of fixed assets during the same period.