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Appraisal Costs
The costs associated with inspecting, testing, and ensuring that products or services meet quality standards.
Specifications
Detailed descriptions of the requirements, dimensions, materials, or other criteria necessary for the production of a product or execution of a project.
External Appraisers
Independent professionals who evaluate the value of assets, properties, or businesses, often for legal, sales, or tax purposes.
Quality Costs
The total costs associated with ensuring products or services meet quality standards, including prevention, appraisal, and failure costs (both internal and external).
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