Which of the following is true about quality cost performance reports?
A)These reports are essential for supplier verification.
B)These reports are required to be prepared as per ISO 9000 quality certification.
C)These reports have two essential elements: actual outcomes and standard or expected outcomes.
D)These reports show the deviation of budgeted demand from the expected demand.

Question

Quizplus · Accepted Answer

Quality cost performance reports compare actual outcomes to standard or expected outcomes in order to evaluate the quality of a project or product. These reports help to identify areas that may need improvement and can be used to make adjustments to prevent cost overruns or quality issues. While these reports may be required for ISO 9000 quality certification, they are not solely used for supplier verification or to show deviations in budgeted demand.

Which of the Following Is True About Quality Cost Performance