Prevention costs are incurred to prevent quality problems from occurring in the first place.This is the definition of prevention costs.
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Q11: To assign activity costs using the activity
Q12: Activity based costing systems include non-volume-based cost
Q13: Target costing involves determining what the product
Q14: A value-added activity is one that enhances
Q15: The gross margin is calculated by subtracting
Q17: Each individual indirect cost should be assigned
Q18: Activity based management is a method of
Q19: External failure costs occur before a defective
Q20: Activity Based Costing divides activities into two
Q21: In a traditional volume-based cost system,total manufacturing
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