Total Quality Management Is the Application of Quality Principles to the Most

question 98

True/False

Total quality management is the application of quality principles to the most important of an organization's departments to satisfy customers.

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Definitions:

ABC

A method of identifying and assigning costs to specific activities to improve cost accuracy and managerial decision-making.

Special Materials

Materials that are uncommon, difficult to procure, or used in specialized applications.

Activity-Based Costing

An accounting method that assigns costs to products and services based on the resources they consume and the activities they require.