Purchase Solution

Continuous improvement involves management Accounting

Not what you're looking for?

Ask Custom Question

Continouous improvement involves all the following except?

a) understanding the activities that the organization undertakes to meet its customers'requirements

b) improving the performance of value-added activities

c) redesigning entire procees

d) eliminating inefficent activities

I believe "b" is the correct answer. Please advice if correct or not & why. Thanks!!!!

Purchase this Solution
Solution Summary

The continuous improvement which is involved in management accounting is analyzed. Valued-added activities are given.

Purchase this Solution
Free BrainMass Quizzes
SWOT

This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.

Accounting: Statement of Cash flows

This quiz tests your knowledge of the components of the statements of cash flows and the methods used to determine cash flows.

Balance Sheet

The Fundamental Classified Balance Sheet. What to know to make it easy.

Cost Concepts: Analyzing Costs in Managerial Accounting

This quiz gives students the opportunity to assess their knowledge of cost concepts used in managerial accounting such as opportunity costs, marginal costs, relevant costs and the benefits and relationships that derive from them.

Employee Orientation

Test your knowledge of employee orientation with this fun and informative quiz. This quiz is meant for beginner and advanced students as well as professionals already working in the HR field.

View More Free Quizzes
Related BrainMass Solutions

  • Efficiency, Continuous Improvement, Internet and E-Business

    Regarding the exercise, the authors suggest that continuous improvement as an attitude involves the extent to which an individual takes personal responsibility for making improvements.

  • Case of Toyota in Japanese Management Accounting

    At Toyota, it is usually a local improvement within a workstation or local area and involves a small group in improving their own work environment and productivity.

  • Long-Term and Short-Term Objectives

    Instead, these are instruments or tools that may be used by the management in attaining its commitment to continuous improvement. Hence, the end is commitment to continuous improvement and the means are strategic and operational controls.

  • Quality Management and Quality Improvement

    521746 Quality Management and Quality Improvement I need help with a question. How would you distinguish quality management from QI (quality improvement)?

  • Total Quality Management (TQM): Example Problem

    It could also used for the continuous improvement.   References Dahlgaard, J.J., Kristensen, K. & Khanji, G.K. (2005). Fundamentals of Total Quality Management: Process Analysis and Improvement. Routledge. Hakes, C. (1991).

  • Managing Change in an Organization

    (www.indiainfoline.com) For quality management leadership commitment is very important because it involves drastic change and continuous improvement.

  • Management & Cost Accounting

    This solution provides you with a host of management accounting questions which relates to Kaizen Budgeting, Make or Buy Decision, Variable Costing, Absorption Costing and Variances.

  • This post addresses continuous improvement opportunities.

    472402 Continuous improvement opportunities. Oftentimes, in organizations there are areas fit for continuous improvement. What are some continuous improvement opportunities you may recommend in your existing organization to avoid complacency?

  • GAAP and Financial Reports

    Lean accounting increases the deluge of information creating confusion. Two different accounting methods can lead to incorrect decisions. There can be confusion about the objectives. Lean involves flow, pull, and continuous improvement.

View More Related Solutions