Which of the Following Characteristics of a Product Is Defined

question 98

Multiple Choice

Which of the following characteristics of a product is defined as "freedom from defects"?

• A) quality
• B) feature
• C) style
• D) value
• E) design

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Definitions:

Double-Declining-Balance

An accelerated method of depreciation that doubles the rate at which an asset's book value declines compared to the straight-line method.

Salvage Value

The calculated resale worth of an asset at the close of its efficient lifespan.

Depreciation

The allocation process of a tangible asset's cost over the period it is useful.

Double-Declining-Balance

A method of accelerated depreciation which doubles the normal depreciation rate, reducing the value of an asset more quickly in its early years.