Which of the following would be classified as an internal failure cost on a quality cost report?

A. Systems development.
B. Audits of the effectiveness of the quality system.
C. Debugging software errors.
D. Quality improvement projects.


Answer: C

Business

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Which of the following statements is true of breach of warranty actions?

A) Most courts do not require that the purchaser provide the manufacturer a notice within a reasonable time of becoming aware of the breach of warranty if the two parties have not dealt with each other. B) According to the Uniform Commercial Code, the cause of action arises the day the product malfunctions. C) Most courts allow a manufacturer to relieve itself of liability for breach of warranty by using disclaimers even if the disclaimers are not stated on an integral part of the product or package. D) The Uniform Commercial Code contains a provision stating that disclaimers on products cannot be considered as unconscionable.

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An opinion leader provides information and is viewed as an authority on many spheres of interest for reference-group participants.

Answer the following statement true (T) or false (F)

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Decision trees are typically used in the situation of decision making under ________

Fill in the blanks with correct word

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Suppose you go long in a foreign currency futures contract. Under what circumstances is your cumulative payoff equal to that of buying the currency forward?

What will be an ideal response?

Business