Which of the Following Steps in the Basic Quality Audit

question 94

Multiple Choice

Which of the following steps in the basic quality audit involves performing a post-implementation review to ensure that the corrective actions were taken and the desired results obtained?

• A) reporting and corrective action
• B) implementing the audit
• C) the opening meeting
• D) the exit meeting
• E) follow-up

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Definitions:

Liabilities

Financial obligations or debts owed by a business to external parties or individuals.

Accounts Payable

Funds that a company needs to pay back to its suppliers or creditors for products and services that it has acquired.

Income Statement

A financial statement that reports a company's financial performance over a specific accounting period, showing revenues, expenses, and profits or losses.

Prepaid Expense

Prepaid Expense represents payments made for expenses which benefits have not yet been received, recognized as assets until they are incurred.