A Good Description of Source Inspection Is Inspecting

question 162

Multiple Choice

A good description of source inspection is inspecting:

• A) materials upon delivery by the supplier.
• B) the goods at the production facility before they reach the customer.
• C) the design specifications.
• D) goods at the supplier's plant.
• E) one's own work.

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Definitions:

Business Activities

Various actions undertaken by a company as part of its operation, including investing, financing, and operating activities.

Revenues

The income received by a business from its normal business operations, often from the sale of goods or services.

Transposition

An error in which the order of the digits is changed, such as writing $542 as $452 or $524.

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account columns to check for errors in the double-entry system.