Which of the Following Is True of the ISO 9000

question 84

Multiple Choice

Which of the following is true of the ISO 9000 standards?

• A) The ISO 9000 standards apply to specific products.
• B) The ISO 9000s guarantee that a manufacturer produces a "quality" product or service.
• C) The ISO 9000 series describes eight quality system models.
• D) The ISO 9000 standards are a certification of the quality control system that a company has in place.
• E) The ISO 9000s were originally designed by the International Organization for Quality in the United States.

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Definitions:

Callable Bonds

Bonds that can be redeemed by the issuer before their maturity date at a specified price, usually at a premium to the face value.

Market Rate

The prevailing interest rate available in the marketplace for instruments of similar credit risk and maturity.

Face Value

The nominal or dollar value printed on a bond, bill, or other financial instrument, representing the amount to be repaid at maturity.

Selling Premium

The amount by which the selling price of a bond exceeds its par value or face value.