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External Failure Costs Occur When Poor-Quality Goods or Services Are

question 137

True/False

External failure costs occur when poor-quality goods or services are not detected until after delivery to customers.


Definitions:

Decimal Notation

A system of numbers expressed in base 10, involving a decimal point to separate whole numbers from fractional parts.

Percent Equivalent

A value expressed as a percentage that represents a portion of a whole.

Repeating Decimal

A decimal number in which a sequence of digits repeats indefinitely.

Decimal Notation

A numerical representation system that uses the base 10 and includes a decimal point to separate the integer part from the fractional part.

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