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    Business
  3. Study Set
    Cost Accounting
  4. Exam
    Exam 19: Cost Management: Quality, Time, and the Theory of Constraints
  5. Question
    In Order for Management to Initiate Quality Improvement Programs and Projects
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In Order for Management to Initiate Quality Improvement Programs and Projects

Question 93

Question 93

True/False

In order for management to initiate quality improvement programs and projects, a complete cost-benefit analysis (including a projection of how the improvement will incrementally affect total costs and total revenues) is necessary.

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