Which of the Following Is NOT Part of Deming's 14

question 12

Multiple Choice

Which of the following is NOT part of Deming's 14 points?

• A) Cease dependence on mass inspection.
• B) Create constancy of purpose.
• C) End the practice of awarding business on the basis of price tag alone.
• D) Exhort the workers to improve the quality system.

Understand the accounting treatment for merchandise returns and allowances.

Distinguish between perpetual and periodic inventory systems and their respective accounting transactions.

Recognize the impact of purchase discounts, sales discounts, and credit card sales on financial statements.

Identify and understand various types of inventory costs, including freight-in and the limitation of cost to purchase price less discounts.

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Definitions:

Fear

An emotional response to a perceived threat, which can be real or imagined, leading to a variety of physiological and behavioral reactions.

Schachter-Singer Theory

Also known as the two-factor theory of emotion, it posits that emotion is based on two factors: physiological arousal and cognitive label.

Physical Arousal

Involves the physiological and bodily responses associated with emotions, stress, or sexual stimulation, often characterized by increased heart rate, respiration, and energy.

True Emotion

Authentic feelings that are experienced and expressed in a manner that is consistent with the individual's internal state, without being influenced by external pressures or manipulations.