The Typical Difference Between "Quality Circles" and "Continuous Improvement Teams

question 46

Multiple Choice

The typical difference between "quality circles" and "continuous improvement teams" is ________.

• A)Quality circles work on product design only
• B)Continuous improvement teams work on product and process design
• C)Continuous improvement teams use only engineers while quality circles use just the workers doing the work
• D)the amount of employee empowerment
• E)There is no difference-they are just the same

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Definitions:

Accrued Revenues

Income generated but not yet received in cash or documented at the time of the statement.

Unearned Revenues

Money received by a company for goods or services that have not yet been delivered or performed.

Accrued Expenses

Expenses that have been incurred but not yet paid, typically recorded through adjusting journal entries in the accounting process.

Prepaid Expenses

Costs incurred beforehand for products or services that will be obtained at a later date.