If Quality Is Designed into Products and Process Management Is

question 52

True/False

If quality is designed into products and process management is used in their production, massinspection of finished products will not be necessary.

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Definitions:

Appraisal Value

an estimated market value of an asset, typically determined by a professional appraiser based on condition, market trends, and other factors.

Purchase

The act of acquiring goods or services, often involving a legal transaction.

Note Payable

A written promise to pay a specific amount of money, usually including interest, by a certain date.

Mortgage

A legal agreement by which a bank or other creditor lends money at interest in exchange for taking the title of the debtor's property, with the condition that the conveyance of title becomes void upon the payment of the debt.