Question
25.The cost of reworking defective products before shipping to customers would be classified as which type of quality costs? A. Appraisal cost B. Internal failure
25.The cost of reworking defective products before shipping to customers would be classified as which type of quality costs?
A.
Appraisal cost
B.
Internal failure cost
C.
External failure cost
D.
Prevention cost
22.
The legal costs associated with filing a patent for a new model of scooter at a toy manufacturer is an example of which type of activity?
A.
Unit-level
B.
Product-level
C.
Batch-level
D.
Facility-level
21.
Cost distortion is likely to cause:
A.
Overcosting of all products.
B.
Undercosting of all products.
C.
Overcosting some products and undercosting other products.
D.
Accurate costing of all products.
20.For which of the following reasons would the principal partner of a consulting firm want to know the total costs of a job (serving a particular client)?
.
For inventory valuation
B.
For external reporting
C.
To determine the fees to be charged to the client
D.
All of the listed choices are correct.
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