Costs of quality report
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Costs of quality report is a report that lists the costs incurred by the company related to quality. The costs are categorized as prevention costs, appraisal costs, internal failure costs, and external failure costs.
Definitions
According to Managerial Accounting by Braun, Tietz (5th edition),
- Costs of quality report. A report that lists the costs incurred by the company related to quality. The costs are categorized as prevention costs, appraisal costs, internal failure costs, and external failure costs.
