Making Sure That the Product Meets the Design Specifications During

question 19

Multiple Choice

Making sure that the product meets the design specifications during production is referred to as

• A)quality of design.
• B)process capability.
• C)fitness for use.
• D)quality of conformance.

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Definitions:

Time Deposits

Deposits that earn a fixed interest rate if held for the specified period, which can range from several months to several years; also called certificates of deposit.

Money Market Mutual Funds

Investment funds that invest in short-term debt securities, offering investors a high degree of liquidity and typically low risk.

M1 Money Supply

The measure of the most liquid components of the money supply, including currency in circulation and demand deposits in banks.

Checkable Deposits

Bank deposits that allow the account owner to write checks to third parties; debit cards can also access these deposits and transmit them electronically.