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With the 2002 Bipartisan Campaign Reform Act in effect,
Quality Cost Report
A summary detailing the costs associated with ensuring the quality of products, including prevention, appraisal, and failure costs.
Internal Failure Costs
Costs incurred to correct products or services before they are delivered to the customer as part of quality control processes.
Prevention Cost
The cost incurred to prevent defects in products or services, including costs related to quality planning and assurance.
Quality Cost Report
A financial report that quantifies the total cost of quality-related activities, including prevention, appraisal, and failure costs.
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