In Activity-Based Management,which of the Following Quality Costs Would Be

question 29

Multiple Choice

In activity-based management,which of the following quality costs would be considered non-value-added?

• A)recruiting
• B)quality circles
• C)supplier certification
• D)inspection of materials

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Definitions:

Fine Art

A category of art that is considered to be created primarily for aesthetic and intellectual purposes and judged for its beauty and meaningfulness.

Silver

A precious metal used for investment, industrial applications, and jewelry, known for its conductivity and antibacterial properties.

Reserve Requirement Ratio

The fraction of deposits that banks must hold in reserve and not loan out, as mandated by central banking authorities.

Central Bank

An institution designed to oversee the banking system, regulate the quantity of money in the economy, and provide various financial services to the government.