A Cost Resulting from the Ongoing Evolution and Use of a System

question 63

Multiple Choice

A cost resulting from the ongoing evolution and use of a system best defines a(n) :

• A) recurring cost.
• B) one-time cost.
• C) incremental cost.
• D) frequent cost.
• E) variable cost.

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Definitions:

Defect Rate

The frequency at which defects or errors occur in a manufacturing process or product, expressed as a percentage or the number of defects per unit.

Billing Process

The procedure involving the issuance of invoices and collection of payments from customers.

Confidence

The degree of certainty or assurance an individual has in their abilities or in the outcome of a situation.

Statistical Control

A methodology within statistical process control that uses statistical techniques to monitor and control a process, ensuring it operates at its full potential.