What Statement About ISO 9000 Certification Is True

question 16

Multiple Choice

What statement about ISO 9000 certification is true?

• A) It does not require a registration assessment.
• B) It is generally voluntary except for certain regulated products.
• C) It requires an annual complete assessment for recertification.
• D) It measures customers' satisfaction and perceptions of quality of a representative sample.
• E) It guarantees that a manufacturer produces a "quality" product or service.

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Definitions:

Intrinsic Value

The lower bound of an option’s value, or what the option would be worth if it were about to expire.

Out Of The Money

Refers to an option that would not result in a profit if exercised immediately because its strike price is less (for a call) or more (for a put) than the market price of the underlying asset.

Underlying Stock Price

refers to the current market price of the stock that is the subject of an option or other derivative contract.

Option

A financial derivative that gives the buyer the right, but not the obligation, to buy or sell an underlying asset or instrument at a specified strike price prior to or on a specified date.