The Types of Costs Included in a Cost of Quality

question 1

Multiple Choice

The types of costs included in a cost of quality analysis include:

• A)Production,delivery,and marketing.
• B)Internal and external.
• C)Direct and indirect.
• D)Prevention,appraisal,and failure.

Determine the appropriate cost allocation for shared services between different parts of an organization.

Understand the concept of transfer pricing and its impact on divisional profitability.

Analyze the effect of varying rates of return on investment on divisional performance metrics.

Understand the concept of labor efficiency variance and its impact on job costing.

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Definitions:

Adjustment

The process of making minor changes to something to achieve a desired result or improve its performance.

Indirect Order

A communication approach where the main point is not presented first, often used to prepare the audience.

Repeated References

Recurring mentions or citations of a source, concept, or fact within a document or speech to emphasize its importance.

Adjustment

The process of making small changes to something in order to improve it or to correct errors.