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is a philosophy of continuous improvement of products and processes. A) Total Quality Management (TOM) B) Just-in-Time (JIT)
10) Cost accounting systems are used A) to accumulate product cost information B) by manufacturing companies, not service com
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Answer #1
9) Total quality management is a continuous improvement process for customer satisfaction in long term. It helps in continous improvement in each processes such as manufacturing, supply chain and customer satisfaction etc.
Answer is Option A)
10) Cost accounting system is framework used by the entitys for estimating the cost of the product thereby arriving at the profitability for decision making purpose.
Answer is Option A)
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