Cost of Quality Training Is a Component of ______

question 91

Multiple Choice

Cost of quality training is a component of ______.

• A)internal failure costs
• B)external failure costs
• C)appraisal costs
• D)prevention costs

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Definitions:

Minimum Wage

The hourly rate that federal law allows as the least hourly rate to be paid to an employee in the United States.

Hourly Rate

The amount of money paid for each hour of work performed, typically used as a measure of compensation for part-time or contract employees.

FICA Taxes

Taxes collected in the United States to fund Social Security and Medicare, typically deducted from employees' paychecks.

Taxable Income

The portion of an individual's or corporation's income used as the basis for calculating how much tax is owed.