The Term Total Quality Management Is Used to Describe the Process

question 152

Multiple Choice

The term total quality management is used to describe the process of __________.

• A)Training managers to monitor quality and then making them responsible for overall quality in their areas of responsibility.
• B)Managing with an organization-wide commitment to continuous improvement,product quality,and customer needs.
• C)Reducing the need for quality inspections by training employees to be quality conscious.
• D)Producing holistic work environments.
• E)Designing and manufacturing quality products.

---

Definitions:

Absorption Costing

A fiscal recording method that consolidates every cost involved in manufacturing, which includes the price of direct materials, payments for direct labor, and total overhead costs, whether stable or fluctuating, into the cost allocated to a product.

Variable Costing

A costing method that incluonly direct materials, direct labor, and variable manufacturing overhead in product costs, excluding fixed manufacturing overhead.

Total Fixed Manufacturing Overhead

The sum of all costs related to manufacturing a product that do not change with the level of production, such as salaries of permanent staff and rent.

Variable Costing

An accounting method that includes only variable production costs—direct materials, direct labor, and variable manufacturing overhead—in product costs.