Examlex
On a cost of quality report, which of the following cost items should be classified as an external failure cost?
Increase Side
The side of an accounting ledger where increases in account balances are recorded, typically the left side for assets and expenses, and the right side for liabilities, equity, and income.
Decrease Side
The side of an account used to record decreases in assets, expenses, or increases in liabilities and equity.
Ledger
A comprehensive collection of a company's financial transactions, organized by account.
Alphabetical Order
A method of sorting by arranging items according to the sequence of letters in the alphabet.
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