Members of Quality Circles Are

question 114

Multiple Choice

Members of quality circles are

• A) paid according to their contribution to quality.
• B) external consultants designed to provide training in the use of quality tools.
• C) always machine operators.
• D) management only.
• E) trained in group planning, problem solving, and statistical process control.

---

Definitions:

Net Income

The total earnings of a company after all expenses and taxes have been subtracted from revenue.

Comparative Balance Sheets

Financial statements that present the financial position of a business at different points in time, side by side, to facilitate comparison.

Common Stock

A type of equity ownership in a corporation, representing a share of the company, typically with voting rights.

Investing Activities

Transactions involving the purchase and sale of long-term assets and other investments, not directly related to the entity’s primary line of business.