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Which of the following statements is true regarding total quality management (TQM) ?
Clear
To settle or resolve a transaction, debt, or other financial activity, ensuring that all obligations have been fulfilled.
Liabilities
Financial obligations or debts owed by an individual, business, or organization to others.
Highly Liquid Assets
Assets that can be easily and quickly converted into cash without significant loss in value, such as cash itself or treasury bills.
Large Withdrawals
Substantial amounts of money taken out from a bank account or investment, which can significantly impact the financial stability of the institution holding the funds.
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