Which of the following emerging trends in cost accounting deals with managers striving to create an environment that will enable workers to manufacture perfect (zero-defect) products?
A)advances in information technology
B)time as a competitive element
C)global competition
D)total quality management

Question

Quizplus · Accepted Answer

Total quality management (TQM) is an emerging trend in cost accounting that focuses on improving quality and eliminating defects in products and processes. TQM involves creating an environment where all employees are committed to continuous improvement and are empowered to identify and fix defects in the production process. This helps in reducing waste, rework, and scrap, ultimately improving the company's bottom line.

Which of the Following Emerging Trends in Cost Accounting Deals