Which of the Following Does Not Describe a Difference Between

question 65

Multiple Choice

Which of the following does not describe a difference between the way customers and producers see quality?

• A)For a consumer, quality means uniformity of the product.
• B)Consumers are concerned with the quality of the service.
• C)A consumer view of quality includes its durability and safety.
• D)For a producer, quality can be measured with a test.

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Definitions:

Net Float

The difference between checks written against and deposited in an account, which affects the balance available in the account.

Collection Float

The time period between when a payment is made by a customer and when the funds become available in the company's account.

Mail Float

The time gap between when a payment is sent via mail and when it is received and processed, affecting the time when the funds become available.

Processing Float

The time difference between when a check is written and when it is actually cleared and funds are deducted from the account.