Match Each of the Following Activities with the Appropriate Quality

question 13

Short Answer

Match each of the following activities with the appropriate quality cost classification (a-d).
-Maintaining equipment
A)Prevention cost
B)Appraisal cost
C)Internal failure cost
D)External failure cost

• A)Prevention cost
• B)Appraisal cost
• C)Internal failure cost
• D)External failure cost

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Definitions:

Housing Cost

The expense associated with acquiring, maintaining, or renting a residence.

Contract Remedies

Legal solutions available to a party of a contract when the opposing party has breached the agreement.

Contract Frustration

A legal doctrine which releases both parties from their contractual obligations due to unexpected events that render the contract impossible to fulfill.

Prize Horse

A highly valued or award-winning horse often recognized in competitive events or breeding.