Which of the Following Is Not One of the Major

question 6

Multiple Choice

Which of the following is not one of the major categories of costs associated with quality?

• A) prevention costs
• B) appraisal costs
• C) internal failures
• D) external failures
• E) None of the above; they are all major categories of costs associated with quality.

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Definitions:

Oil Rigs

Structures used for drilling wells to extract oil and gas from underground reservoirs.

Stockholders

Individuals or entities that own one or more shares of stock in a corporation, making them part owners of the company.

Bondholders

Individuals or entities that own bonds, which are debt securities issued by corporations or governments.

Corporation

A legal entity that is separate and distinct from its owners, providing them with limited liability and the ability to raise capital by selling shares.