Any costs that a company incurs because it has produced less than perfect quality output, or costs that it incurs to prevent less than perfect quality output, are referred to as costs of
A) doing business.
B) inventory.
C) quality.
D) labor.
E) product development.

Question

Quizplus · Accepted Answer

Costs of quality refer to all costs that a company incurs related to ensuring or improving the quality of its products or services, including costs due to producing less than perfect quality output and costs incurred to prevent such issues.

Any Costs That a Company Incurs Because It Has Produced