The Cost of Scrap, Rework, and Tooling Changes in a Cost

question 72

Multiple Choice

The cost of scrap, rework, and tooling changes in a Cost of Quality (COQ) Report are properly categorized as a(n) :

• A) Training cost.
• B) External failure cost.
• C) Prevention cost.
• D) Internal failure cost.
• E) Appraisal cost.

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Definitions:

Reputability

Refers to the quality or state of being reputable, widely respected, and honored by others, often used in the context of individuals, organizations, or businesses.

Leisure

Time spent away from work and essential domestic activities, typically used for relaxation, recreation, or personal interests.

Economic Motives

The underlying reasons that guide individuals or entities to make decisions regarding the allocation of resources.

Disposable Income

This is the amount of money that households have available for spending and saving after income taxes have been accounted for.