1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Jet001 [13]
3 years ago
10

the cost of quality has two components: the cost of good quality. the costs for good quality are the cost of monitoring and prev

enting defects. the cost of poor quality are often hidden, hitting customers and departments not immediately related to production. some experts argue that:
Business
1 answer:
Marta_Voda [28]3 years ago
8 0

Answer: Quality is never costless because monitoring and prevention have costs

Explanation:

The cost of quality has two parts which are the cost of prevention and the cost of failure. The cost of quality simply refers to the sum of the prevention cost and the cost of failure.

It should be noted that spending more on prevention helps in reducing the cost of failure. According to experts, quality is is never costless because monitoring and prevention have costs.

You might be interested in
On January 1, Year 3, Boxwood, Inc. issues 1,000 shares of $1 par value common stock for $30 per share. Later that year, the com
Luba_88 [7]

Answer:

total paid-in capital = $110,000

Explanation:

When investors or shareholders pay a lump sum money to a company to get the stock of the that company, it is called paid-in capital.

Here, the par value = $1, therefore, additional capital per stock = $30 - $1 = $29

For preferred stock,

Par value = $10, and additional paid-in capital per stock = $(80 - 10) = $70.

See images to get the explanation:

7 0
3 years ago
Recalling the competency pyramid studied in this chapter, what is the difference between a personal competency and an academic c
EastWind [94]

Answer:

c

Explanation:

lololololoolololololol

6 0
3 years ago
Which of the following balance sheet equations is​ INCORRECT? A. Assets minus Current liabilities​ = Longminusterm liabilities​
Kipish [7]

Answer:

C

Explanation:

This balance sheet equation is incorrect, Assets minus Current liabilities​ = Longminusterm liabilities

5 0
3 years ago
Read 2 more answers
term fixed price contract to build an office tower for​ $10,000,000. In the first year of the contract Tullis incurs​ $3,000,000
almond37 [142]

Answer: $750,000

Explanation:

Given that,

Fixed price contract = $10,000,000

Cost incurred in the first year = $3,000,000

Remaining costs to complete =​ $5,000,000

Tullis billed =​ $4,000,000 in year 1

Collected​ by the end of the year = $3,500,000

Percentage of work completed = \frac{Expenditures\ Incurred\ from\ Inception\ to\ Date}{Total\ Estimated\ Costs\ for\ the\ Contract}

= \frac{3}{8} \times 100percent

= 37.5%

Revenue recognized = 37.5% of $10,000,000

                                    = $3,750,000

Income recognized = Revenue recognized - Cost incurred in the first year

                                 = $3,750,000 - $3,000,000

                                 = $750,000

8 0
3 years ago
Why are posting references entered in the journal when entries are posted to the ledger accounts?
wolverine [178]

Answer:

c. So we know that the entry has been posted.

Explanation:

  • The posting reference are entered in the journal entries are done so as to find them in the account ledgers and these entres are post in the this account is insert to keep and store the booking entry for the balance sheets and includes the incomes statements and accounts like the receivables and the accounts payable and accrued expenses also.
3 0
3 years ago
Other questions:
  • A value that is passed into a method when it is called is known as
    8·1 answer
  • Which of the following products is most likely to be produced in a process operations system?
    15·1 answer
  • A​ _________ is a written​ narrative, typically between 25 and 35 pages​ long, that describes what a new business intends to acc
    12·1 answer
  • People and information systems are​ _________ that can be assigned to​ ______ in a business process.
    13·1 answer
  • A dealer forecasts that the discount rate on a 60-day bill will be 5.10%. The current discount rate on a 90-day bill is 5.30%. W
    8·1 answer
  • Suppose the production of a good results in positive externalities. The market will tend to _______________ this good and the go
    11·1 answer
  • What are forms of phishing?
    6·1 answer
  • How do you economists use data
    5·2 answers
  • In 2009, the imaginary nation of Mainland had a population of 7,000 and real GDP of 210,000. In 2010 the population was 7,300 an
    14·1 answer
  • Yard Professionals Inc. experienced the following events in Year 1, its first year of operation:
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!