At Z-Tee, Inc

question 72

Multiple Choice

At Z-Tee, Inc., Annika insists on reworking any defective products identified by quality inspectors at the end of the production process. What is her company's approach to quality?

• A) Build-it-in
• B) Fix-it-in
• C) Inspect-it-in
• D) Design-it-in
• E) Reactive

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Definitions:

Financing Activities

Refers to transactions and business events affecting long-term liabilities and equity, including obtaining resources from owners and providing them with a return on their investment.

Bonds Payable

Bonds payable refers to the long-term debt instruments issued by a company to borrow funds, which must be repaid at a specified maturity date.

Issuing

The act of distributing something, such as a company releasing new shares of stock to the public or a government agency providing official documents.

Operating Activity

Transactions that relate to the primary operations of a company, such as sales revenue and expense activities.