Quality Planning, Employee Training in Quality Measurement, and Cost of Maintaining

question 70

True/False

Quality planning, employee training in quality measurement, and cost of maintaining records of information and data related to quality, are appraisal costs.

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Definitions:

Cash Dividend

A payment made by a company out of its earnings to shareholders, usually in the form of cash.

Dividends Payable

A liability indicating the amount of dividends that a company has declared to pay out to its shareholders but has not yet paid.

Dividends Declared

profits that a company's board of directors has decided to distribute to shareholders, typically in the form of cash payments or additional shares.

Shareholders' Equity

The residual interest in the assets of a company after deducting liabilities, representing the ownership interest of shareholders.