Sales Can Often Increase Without Increasing Which One of the Following

question 12

Multiple Choice

Sales can often increase without increasing which one of the following?

• A)accounts receivable
• B)cost of goods sold
• C)accounts payable
• D)fixed assets
• E)inventory

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Definitions:

ISO 9001:2015

An international standard that specifies requirements for a quality management system (QMS).

Quality System

A structured framework for managing and improving all aspects of an organization's operations, ensuring consistency, efficiency, and satisfaction.

Customer Expectations

The set of assumptions, desires, and needs that a customer has regarding a product or service.

Deming's 14 Points

A set of management practices proposed by W. Edwards Deming to improve quality, productivity, and competitive position by fostering a culture of continuous improvement.