Value Analysis and Engineering to Improve the Quality and Safety

question 92

Multiple Choice

Value analysis and engineering to improve the quality and safety of products______.

• A)is used by local governments to make the voting process in elections more efficient
• B)has been used by the packaging industry
• C)is required for ISO certification
• D)is applicable only to the service industry

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Definitions:

Revenue And Expenses

Refers to the income generated from normal business operations and the costs incurred to generate that income.

Sharing Profits And Losses

A method used in partnerships and some other business arrangements to distribute the financial results of the business among its owners or members.

Equally

In a manner that is the same in quantity, size, degree, or value for all parties involved.

Salary Allowance

Additional compensation provided to employees on top of their regular salary, often for specific purposes or expenses.