The cost of evaluating potential raw material suppliers is an example of what type of cost?
A)Prevention cost
B)Internal failure cost
C)External failure cost
D)Appraisal cost

Question

Quizplus · Accepted Answer

Prevention costs are expenses incurred to prevent defects in products or services, including costs associated with evaluating potential suppliers to ensure quality raw materials.

The Cost of Evaluating Potential Raw Material Suppliers Is an Example