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Continuous Quality Improvement (CQI)is a Process Carried Out by a Team

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Continuous quality improvement (CQI) is a process carried out by a team that establishes criteria,identifies relevant information,collects and analyzes data,judges quality,takes corrective action,reevaluates,and does public reporting.Criteria are established by developing standards and setting benchmarks.Standards are structure,process,and outcomes.Which of the following is an outcome statement?


Definitions:

Capital Structure

Refers to the way a corporation finances its assets through a combination of debt, equity, or hybrid securities.

Total Leverage

A financial metric that assesses the impact of using both operating and financial leverage on a company's earnings per share.

Operating Leverage

A measure of how revenue growth translates into growth in operating income, indicating how fixed and variable costs impact a firm's earnings.

Optimal Capital Structure

The combination of debt and equity that minimizes a company's cost of capital and maximizes its value.

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