Regardless of the differences in format, a common feature that should be present in any Cost-of-Quality (COQ) Report is that the report:
A) Promotes the management and control of quality-related costs.
B) Classifies costs by product line.
C) Classifies costs by cost center or profit center.
D) Classifies costs by behavior (e.g., fixed versus variable).
E) Classifies costs by the external value stream.

Question

Quizplus · Accepted Answer

The common feature that should be present in any Cost-of-Quality (COQ) Report is to promote the management and control of quality-related costs. This is the primary purpose of COQ reporting. While classifying costs by product line, cost center or profit center, behavior, or the external value stream may provide additional insights, they are not the core purpose of COQ reporting.

Regardless of the Differences in Format, a Common Feature That