In a Quality Cost Report, Quality Costs Are Expressed as a Percentage

question 118

True/False

In a quality cost report, quality costs are expressed as a percentage of total defective units.

---

Definitions:

Car

A vehicle on wheels intended for moving people, typically driven by either an internal combustion engine or an electric motor.

Truck

A large, heavy motor vehicle used for transporting goods, materials, or large numbers of people.

Opportunity Cost

The cost of the next best alternative foregone when making a decision.

Soybeans

Soybeans are a type of legume native to East Asia, widely grown for their edible bean which has numerous uses, including oil, meal, and as a vegetable.