With Regard to the Terms quality Control and quality Assurance,______

question 24

Multiple Choice

With regard to the terms quality control and quality assurance,______.

• A)there is no difference between the two terms
• B)quality assurance is the term we use today for what was formerly known as quality control
• C)quality control is concerned with the quality of a product or service after it is produced or delivered
• D)quality control is concerned with the application of government regulations governing quality

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Definitions:

QBO

Refers to QuickBooks Online, an accounting software based in the cloud, aimed at assisting small to medium businesses.

Expenses

The costs incurred by a business or individual in the process of earning revenue.

Deposit in Transit

A sum of money transferred or sent to a bank account but not yet recorded in the account's available balance, often due to processing times.

Outstanding Check

A check that has been written by a company but has not yet been cashed or cleared by the bank.