The Cost of Quality Training Would Be Classified as A(n)

question 81

Multiple Choice

The cost of quality training would be classified as a(n) :

• A) prevention cost.
• B) appraisal cost.
• C) internal failure cost.
• D) external failure cost.

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Definitions:

Forecasting

The process of making predictions of the future based on past and present data.

Indicators

Measures or signals used to assess current conditions or to forecast financial or economic trends.

Indexes

Statistical composite measures that track changes in economic conditions or markets, made up of selected data points from various sources.

Forecasting

The process of making predictions about future events based on historical and current data.