Costs that are incurred for monitoring and inspecting are:
A)prevention costs
B)detection costs
C)appraisal costs
D)failure costs

Question

Quizplus · Accepted Answer

Appraisal costs include activities such as inspection, testing, and monitoring to ensure that products or services meet established quality standards. Therefore, costs that are incurred for monitoring and inspecting are classified as appraisal costs, not prevention costs (A), detection costs (B), or failure costs (D).

Costs That Are Incurred for Monitoring and Inspecting Are