Which of the Following Statements About ISO 9000 Is True

question 49

Multiple Choice

Which of the following statements about ISO 9000 is true?

• A) ISO 9000 is a series of five international standards for achieving consistency in quality management and quality assurance in companies throughout the world.
• B) The ISO 9000 standards are applicable to the manufacturing of goods and to the delivery of services.
• C) Studies show that customers prefer to buy from companies with ISO 9000 certification.
• D) ISO 9000 certification may be suspended or canceled if companies fail an audit following their initial certification.
• E) All of these statements about ISO 9000 are true.

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Definitions:

Spot Market

A market in which financial instruments or commodities are traded for immediate delivery and payment, contrasting with futures markets where delivery is set at a future date.

Spot Rate

The current price or rate of a financial instrument or commodity available for immediate settlement or purchase on the open market.

Canadian Dollar

The currency of Canada, represented by the symbol CAD or C$, used for all financial transactions within the country.

The National Post

A Canadian English-language national newspaper based in Toronto, covering a wide range of topics including news, current affairs, and editorial content.