Figure 14-2 at the Beginning of the Year, Devonshire Company

question 114

Multiple Choice

Figure 14-2 At the beginning of the year, Devonshire Company initiated a quality improvement program. The program was successful in reducing scrap and rework costs. To help assess the impact of the quality improvement program, the following data were collected for the current and preceding years:
Refer to Figure 14-2. For the current year, prevention costs are what percentage of sales?

• A) 9.00%
• B) 8.25%
• C) 7.00%
• D) 2.00%

---

Definitions:

UCC

Refers to the Uniform Commercial Code, which is a broad collection of regulations that oversee all commercial dealings within the United States.

CISG

The International Sale of Goods Convention by the United Nations, a global treaty that creates a standardized structure for international trade.

Copyright

The protection of the expression of a creative work; i.e., protection of the fixed form that expresses the ideas.

UCC

Short for Uniform Commercial Code, a comprehensive set of laws governing all commercial transactions in the United States.