Difference between revisions of "Prevention costs"
(Created page with "Prevention costs are costs associated with preventing defects and imperfections from occurring. ==Definition== According to Managing Quality by Foster (6th edition),...") |
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According to [[Managing Quality by Foster (6th edition)]], | According to [[Managing Quality by Foster (6th edition)]], | ||
:[[Prevention costs]]. Costs associated with preventing defects and imperfections from occurring. | :[[Prevention costs]]. Costs associated with preventing defects and imperfections from occurring. | ||
+ | According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]], | ||
+ | :[[Prevention costs]]. Costs incurred to preclude the production of products that do not conform to specifications. | ||
− | [[Category: Quality Management]][[Category: Articles]] | + | [[Category: Quality Management]][[Category: Articles]][[Category: Accounting]] |
Revision as of 20:58, 10 July 2020
Prevention costs are costs associated with preventing defects and imperfections from occurring.
Definition
According to Managing Quality by Foster (6th edition),
- Prevention costs. Costs associated with preventing defects and imperfections from occurring.
According to Cost Accounting by Horngren, Datar, Rajan (14th edition),
- Prevention costs. Costs incurred to preclude the production of products that do not conform to specifications.