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If quality is built into the product properly,inspection should be unnecessary except for auditing purposes and functional testing.
Hourly Wage Rate
The hourly wage rate is the amount of money paid to an employee for each hour of work performed.
Note Payable
A written agreement where one party promises to pay another party a specific sum of money on a certain date or upon demand.
Interest-Bearing Note
This is a debt instrument that pays interest to the holder at a fixed or variable rate until the maturity date or repayment of the principal amount.
Contingent Liabilities
Potential obligations that may arise depending on the outcome of a future event.
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Q37: The ASQ Quality Glossary defines customer _
Q39: Assembly of products in a manufacturing plant
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Q49: In the case of a customer satisfaction
Q66: A quality management system represents a specific
Q79: Variation in a production process makes it