Improving quality seems to be a strategic weapon in gaining market share. However, improving quality entails allocation of resources and effort
As greater effort is expended to stop defects before they occur, which one of the following costs increases?
A) prevention costs
B) appraisal costs
C) internal failure costs
D) external failure costs
A
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Musa has just finished taking and passing the bar exam. As part of the process of graduating and getting her degree, she takes an oath that all U.S. attorneys take. What should taking this oath suggest to her about the related profession?
a. Being an attorney is a calling that requires moral action in its duties. b. The act of being an attorney has no moral rules, and so she must make an oath to bring them into the job with her. c. The public has very little trust for attorneys, and such an oath is necessary to mollify them. d. The legal profession is inherently corrupt, and oaths are necessary to increase moral behavior.
Graham Company has 15,000 units in inventory that had a production cost of $3 per unit. These units cannot be sold through normal channels due to a significant technology change. These units could be reworked at a total cost of $23,000 and sold for $28,000 . Another alternative is to sell the units to a junk dealer for $8,500 . The relevant cost for Graham to consider in making its decision is
a. $45,000 of original product costs. b. $23,000 for reworking the units. c. $68,000 for reworking the units. d. $28,000 for selling the units to the junk dealer.
Which of the following planners do best in terms of getting a start-up launched, keeping it going, and making a living from it?
A. Comprehensive planners B. Opportunistic planners C. Habit-based planners D. Reactive planners
A coal mine cost $1,003,000 and is estimated to hold 50,000 tons of coal. There is no residual value. During the first year of operations, 6,000 tons are extracted and sold. Calculate depletion per unit. (Round your answer to the nearest cent.)
A) $10.03 B) $5.02 C) $20.06 D) $15.04