Accounting Is an Information and Measurement System That Does All

question 170

Multiple Choice

Accounting is an information and measurement system that does all of the following except:

• A)Identifies business activities.
• B)Records business activities.
• C)Communicates business activities.
• D)Eliminates the need for interpreting financial data.
• E)Helps people make better decisions.

Recognize the need for continuous improvement in both product and service quality.

Understand the importance of data and feedback in TQM practices.

Distinguish between different control types and their applications in TQM.

Understand the implications of quality management practices on organizational culture.