Describe why measuring quality is a difficult task
What will be an ideal response?
Quality is subjective rather than objective. In other words, quality is really in the eyes on the beholder. Therefore, it is difficult to measure in a convincing manner.
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A corporation's legal capital
A) is established to protect the corporation's creditors. B) is a requirement established by the SEC to aid in enforcement of regulations. C) is the amount of cash received by the corporation from its shareholders when it originally issues stock. D) allows a corporation to declare dividends of any amount.
A purchase order is prepared by the seller and sent to the buyer with the shipment
Indicate whether the statement is true or false
Heavy focus on price reductions and discounts during a recession allows firms to improve long-term brand equity and price integrity
Indicate whether the statement is true or false
Customer complaints noted in returned accounts receivable confirmations may be an indicator of fraud
a. True b. False Indicate whether the statement is true or false