_____ Standards Represent an International Standard for Quality Management

question 145

Multiple Choice

_____ standards represent an international standard for quality management.

• A) ISO 9000
• B) Six Sigma
• C) TQM
• D) Kiazan
• E) Foreign Economy Index

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Definitions:

Activity-Based Costing

A costing method that assigns costs to products or services based on the activities and resources that go into producing them.

Machine-Hours

A measure of production activity that quantifies the number of hours machines are operated in the manufacturing process.

Activity Rate

A measure used in activity-based costing to assign costs to activities based on their use of resources.

Activity-Based Costing

A methodology for costing that detects operations in a company and assigns the costs of these operations to all products and services in proportion to their true use.