Information Is The

question 80

Multiple Choice

Information is the:

• A)Interpretation of data that have been processed.
• B)Set of facts collected from transactions.
• C)Set of facts pertaining to accounts payable.
• D)Set of facts pertaining to accounts receivable.

---

Definitions:

Appraisal Cost

Expenses associated with evaluating or inspecting materials and products to ensure quality standards are met.

Quality Cost Report

A document that outlines the costs associated with preventing, detecting, and correcting defective work, categorized into prevention, appraisal, internal failure, and external failure costs.

External Failure Cost

Expenses related to products or services not meeting quality expectations post-delivery, encompassing returns, fixes, and warranty requests.

Quality Cost Report

A document that summarizes the costs associated with preventing, detecting, and correcting defective work, typically classified into prevention, appraisal, and failure costs.