If a quality performance report compares the actual quality costs for the period to the budgeted quality costs for the period, that report is
A)a multiple-period trend report.
B)a long-range standard report.
C)an interim standard report.
D)none of the above.

Question

Quizplus · Accepted Answer

The report comparing actual quality costs to budgeted quality costs for a specific period is an interim standard report. It provides information on whether the company is meeting its quality cost goals for the period and can help identify areas where improvements can be made. A multiple-period trend report would include data from multiple periods to analyze trends over time, while a long-range standard report would compare current performance to long-term goals or industry standards.

If a Quality Performance Report Compares the Actual Quality Costs