The Measure of How Well a Product Meets Its Requirements

question 172

Multiple Choice

The measure of how well a product meets its requirements or specifications is called:

• A)Service quality
• B)Quality of design
• C)Quality of conformance
• D)Taguchi quality loss function

---

Definitions:

Fair Values

An estimate of the market value of an asset or liability based on current conditions and assumptions of what parties would agree upon as a fair exchange.

Acquisition Analysis

The process of evaluating the financial, operational, and strategic aspects of a target company during a merger or acquisition.

Post-acquisition Equity

The value of the equity interest in a subsidiary held by a parent company after adjusting for the cost of acquisition and other factors.

Consolidation Worksheet Entries

Journal entries used in the preparation of consolidated financial statements which adjust, eliminate, and combine account balances from separate financial statements of parent and subsidiary entities.