Cost of Quality Reports Usually Do Not Consider

question 64

Multiple Choice

Cost of quality reports usually do not consider:

• A)internal failure costs.
• B)opportunity costs.
• C)external failure costs.
• D)appraisal costs.

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Definitions:

Financial Assets

Assets that derive value because of a contractual claim, such as stocks, bonds, bank deposits, and other investments.

Future Cash Flows

The projected income and expenditures that a company expects to generate over a forthcoming period.

Legal Documents

Official papers that indicate agreement to terms, rights, and responsibilities, enforceable by law.

Collateralized

Secured by an asset or property as a guarantee to repay a loan.