Which of the following is not a type of quality cost?
A. Appraisal costs.
B. Prevention costs.
C. Internal failure costs.
D. External failure costs.
E. All of the answers are correct.
Answer: E
You might also like to view...
Hubbard Company had the following trading securities in its portfolio at December 31. The Fair Value Adjustment-Trading account had a balance of zero prior to any year-end adjustment. Prepare the appropriate adjusting journal entry for this portfolio.Short-Term Debt InvestmentsCostFair ValueXBM$ 24,500$ 25,900Micro51,00048,600Outel62,30061,000Dull 29,900 30,200Totals$167,700$165,700
What will be an ideal response?
_____ products are purchased with little shopping effort. These products typically are purchased regularly, usually with little planning, and require wide distribution.
A. Convenience B. Specialty C. Branded shopping D. Unbranded shopping E. Generic
Six vitamin and three sugar tablets identical in appearance are in a box. One tablet is taken at random and given to Person A. A tablet is then selected and given to Person B. What is the probability that
a. Person A was given a vitamin tablet? b. Person B was given a sugar tablet given that Person A was given a vitamin tablet? c. neither was given vitamin tablets? d. both were given vitamin tablets? e. exactly one person was given a vitamin tablet? f. Person A was given a sugar tablet and Person B was given a vitamin tablet? g. Person A was given a vitamin tablet and Person B was given a sugar tablet?
If noncompliance with a law is discovered during the audit of a publicly held company, the auditors should first:
A. Determine who was responsible for the noncompliance. B. Report the act to those in charge of governance within the client's organization. C. Notify the regulatory authorities. D. Intensify the examination to identify noncompliance with any laws.