________ Refers to the Propensity for a Product to Perform

question 18

Multiple Choice

________ refers to the propensity for a product to perform consistently over its useful design life.

• A) Conformance
• B) Durability
• C) Perceived quality
• D) Reliability
• E) Serviceability

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Definitions:

Cash Payment

The act of settling a debt or transaction by transferring money to another party.

Cash Account

A financial account that records cash transactions including receipts and payments.

Credit

A financial record that raises a liability or equity account, or reduces an asset or expenditure account.

Debit

A debit is an accounting entry that results in either an increase in assets or expenses or a decrease in liabilities or equity on a company's balance sheet.