Which of the Following Best Explains Zero Defects Principle

question 39

Multiple Choice

Which of the following best explains zero defects principle? 

• A) Everything goes right the first time. 
• B) Reduce defects over time. 
• C) Learn from your mistakes. 
• D) Continuous improvement.

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Definitions:

Comparative Balance Sheet

A financial statement that displays the company's financial position at different periods of time side by side for comparison.

Direct Method

A method of reporting cash flows from operating activities by showing major classes of gross cash receipts and payments.

Accounts Receivable

Receivables from customers to a business for goods or services that have been supplied but payment has not been made.

Sales Revenue

The total amount of money generated from the sale of goods or services by a company before any costs or expenses are deducted.