This cost is the costs resulting from products or services not conforming to requirements or user needs.

Related MCQs

• This cost is the cost associated with measuring evaluating, or auditing products or services to assure conformance to quality standards and performance requirements
• ………………………… deals with decision-making related to production processes so that the resulting goods or services are produced according to specifications, in the amount and by the schedule demanded and out of minimum cost.
• The costs of all activities incurred to prevent poor quality in products and services.
• ………………. is the process of predicting and defining the long-term and the short-term capacity needs of an organisation and determining how those needs will be satisfied.
• In the case of…………………. the products are produced as per the specifications of the customers within prefixed time and cost.
• ………………….refers to the process of creating new products or modifying the existing ones within a predetermined time frame and cost price
• The difference between the actual cost and standard cost is called
• ……………………..is an organized creative approach which has its objective, the efficient identification of unnecessary cost—cost which provides neither quality nor use nor life nor appearance nor customer features.
• ……………refers to the verification of and confirmation towards the requirements of an entity.
• …………………is a process used to determine the maintenance requirements of any physical asset in its operating context?