Quality System Essentials (QSEs) Form the Basis of a Laboratory's

question 33

Multiple Choice

Quality system essentials (QSEs) form the basis of a laboratory's quality management system (QMS) and contain the management information needed for a laboratory to perform quality work. Which of the following items might be studied as part of an examination of a laboratory's testing equipment?

• A) Records of ongoing preventive maintenance
• B) Turnaround time goals achieved
• C) Number of years in service
• D) Annual leasing costs

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Definitions:

Larger Number

A numerical quantity that is greater in value when compared to another number.

Longer Time Period

A timeframe that extends beyond the short term, often implying a broader scope for assessment or investment.

Portfolio Beta

A measure of a portfolio's volatility relative to the market as a whole; it indicates the sensitivity of the portfolio's returns to market returns.

Unsystematic Risks

Risks that affect a specific company or industry, as opposed to the market as a whole, including management decisions or product recalls.