Which of the following would be classified as an internal failure cost on a quality cost report?
A. Quality improvement projects.
B. Warranty repairs and replacements.
C. Supervision of testing and inspection activities.
D. Debugging software errors.
Answer: D
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Sample size is influenced by which of the following?
A) confidence level changes B) population variability C) precision level changes D) A and B E) A, B, and C
________ is the inventory loss due to employee theft, shoplifting, mistakes, inaccurate records, and vendor errors.
A. Break-even point B. Shrinkage C. Obsolescence D. Profit margin E. Loss margin
Which of the following best describes the accounting treatment for derivative instruments not held for purposes of hedging?
a. Record as an asset or liability and recognize changes in fair value in other comprehensive income. b. Do not record as an asset or liability, record income from the transaction at maturity and recognize in earnings. c. Record as an asset or liability, recognize changes in fair value currently in earnings. d. Record as an asset or liability if off-balance sheet risk is material.
Because the fingerprints on the stolen phone does not match Jeff’s, Jeff is not guilty of theft.
a. ethos b. pathos c. logos