Tag (SQ): Value Analysis

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MA – L2 – Q7 – Models of Evaluation Quality

Explain how TQM, ABC, balanced scorecard, JIT, and value analysis analyze cost and quality relationships.

Question

7 COST AND QUALITY

Explain briefly how each of the following management accounting techniques can be used to analyse the relationship between cost and quality:

(1) Total Quality Management (TQM)

(2) Activity Based Costing (ABC)

(3) Balanced scorecard

(4) Just in Time management (JIT)

(5) Value analysis

Answer

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Find Related Questions by Tags, levels, etc.

Tags: Activity Based Costing, Balanced Scorecard, Cost Management, Just-in-Time, Quality management, Total Quality Management, Value Analysis
Level: Level 2

Topic: Models of Evaluation Quality

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