All of the Following Are Goals of a Quality Program

question 18

Multiple Choice

All of the following are goals of a quality program except

• A)Adversarial relationship with regulatory agencies
• B)Cost containment
• C)Knowledgeable and well-trained employees
• D)Safe work environment

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Definitions:

Variable Cost

Costs that vary directly with the level of production or the volume of output.

Operating Leverage (DOL)

A financial metric indicating the proportion of fixed versus variable costs a company has, which affects its earnings before interest and taxes (EBIT) for every percentage change in sales.

Variable Cost

Costs that vary directly with the level of production or volume of output.

Fixed Costs

Constant expenses that do not change in relation to the level of production or sales.