One of the Most Important Contributors to Total Quality Management

question 110

Multiple Choice

One of the most important contributors to total quality management has been the introduction of statistical tools to analyze the causes of product defects in an approach called ____.

• A)six sigma quality
• B)concurrent engineering
• C)value chain management
• D)computer-integrated manufacturing
• E)kanban

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Definitions:

Recorded The Adjustment

The process of making entries to correct accounts or to account for transactions that have been missed in the financial records.

Subsidiary Ledger

A detailed ledger that supports and breaks down the information summarized in a general ledger.

Paid For Equipment

Refers to the cash outflow for the purchase of equipment, considered a capital expenditure in accounting.

Purchased On Account

Transactions where goods or services are bought on credit, with payment to be made at a later date.