Abstract
If we start from the assumption that all people have always wanted a high quality, we find that for centuries, they faced wit h huge and unstable forces which required changing strategies to achieve the desired level of quality. Nowadays, if we lo ok around, we see a very dynamic economic environment, which requires managers to impose a proper set of qualities including skill and flexibility. The purpose of the article is to present quality cost like an essential optimization tool, which influences the economic aspects of managerial accounting in two fundamental ways: the effect on income and the effect on cost.
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