Companies That Are Unable to Commit the Necessary Resources to Assess

question 68

True/False

Companies that are unable to commit the necessary resources to assess or certify supplier quality on their own will never accept ISO 9000:2008 registration as proxy evidence of a supplier's quality management capability.

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Definitions:

British Petroleum

A global oil and gas company headquartered in the United Kingdom, known as BP, one of the world's seven oil and gas "supermajors".

Accumulated Depreciation

The cumulative depreciation of an asset up to a single point in its life, reflecting its decrease in value over time.

Taxable Gain

The profit that is subject to taxation, realized from the sale of an asset or investment.

Deductible Loss

A financial loss that can be subtracted from income for tax purposes, reducing the taxable income.