Category: Q

These are a set of guidelines that must be followed in order to comply with an FASB ruling. A accountant will need to follow these specific guidelins in order to complhy with

Also known as a mapping matrix. It shows how the various aspects of production are related to each other and to the needs of the customer. It is a tool in virtual

The policy of the top levels of management that will ensure the quality of its products. Management will develop a policy that will make sure that quality is always maintained.

The amount of a product that is made or ordered. A njmerical amount that measures the objects being ordered and sold.

Quasi estoppel is an equitable doctrine that prevents a person from denying an act or assertion if such denial is deemed to bring harm to another who reasonably relied on the act

A software package that is used for bokkeeping that incorporates many programs into one easy to use program. The software is customisable and incorporates spreadsheets, tables and tracking sheets in one easy

More than double indemnity in insurance cases. Often known as multiple indemnity.

Data that is used to describe a product but not define its characteristics. Non- measurable data that does not include any weight or dimensions. It is information that has been collected about

A method of improving the production process that makes an item. Various parts will show improvement by cutting losses, improving production times. A systematic approach is used in order to improve the

A chart that is produced to ensure quality by giving a score to each part of the process. Each process is given a score depending on the importance of the process.

The amount that a consumer creates by demanding an item. The demand for an item will initiate a set quantity of an item be available for purchase.

The acts of an officer that take on a judicial quality. The officer is authorised to act in such a way.

1. Personal finance software. It is a program that will anable everyone to cope with their own financial tasks in one easy to us eprogram. 2. To make something happen in a

A term used by auditors about accounts which have been audited and the auditor has doubts or disagrees with certain aspects of the accounts. The doubts will be considered to be of

These factors are used to highlight a company’s performance. These elements include items such as margins of profit, the style of management and product turn over rates.

The group of people charged with carrying out the quality improvements. They will endeavour to improve the quality of the production by cutting any losses and improving methods of the manufacture.

The continuing monitoring of all aspects of production from start to finished products. Each step of the process is constantly checked to maintain the efficiency and quality of the processes.

The discount that is applied by the retailer or wholesaler when a certain quantity of a product is brought by the one person. The discount will be applied to a one time

A corporation that has been funded by the government but does not act within the confines of governmental control. These corporations perfom the operations of a watch dog or regulatory function.

A multi media software that enables people to watch and make videos, music and animation films. Developed and distributed by Apple. It is used to playback files that have been created.