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Why is systems development an example of prevention cost?
Maybe someone can answer this better but my limited knowledge is that by Systems Development you are able to better identify and limit costs that are not needed or to better stream line the process thereby prevention cost.
True or false is the total quality cost is the sum of prevention cost plus failure cost?
yes Sort of: Total cost of quality is the sum of: - Prevention costs (doing what you can to reduce failures prior to production) - Appraisal costs (testing completed products prior to shipping) - Internal failure costs (reworking or scrapping defective items no shipped) - External failure costs (customer support and warranty, etc. Costs incurred for defects discovered after shipment)
How much money a year is considered poor?
The cost of living varies by a large amount depending on where in the world you live.
Is the abnormal spoilage loss considered an expense or a cogs?
Abnormal spolage is part of overhead expenses, as it is viewed as a cost of running the operation, rather than a direct cost. Note that normal spoilage (uncontrolable) is part of COGS
What is financially material?
What is considered financially material varies based on the decision. You want to consider only the financial cost that changes between your alternatives.
Why is systems development an example of prevention cost?
Maybe someone can answer this better but my limited knowledge is that by Systems Development you are able to better identify and limit costs that are not needed or to better stream line the process thereby prevention cost.
The treatment considered the most effective against current day health threats is?
prevention
Which would not be considered a common army safety-related prevention program?
first aide
A cost is considered relevant if it is avoidable and future and cash?
A cost is considered relevant if:
Is considered a fall prevention system because it stops a person from falling in the first place?
safety nets
What is considered a fall prevention system because it stops a person from falling in the first place?
safety nets
Why do you think the role of a Loss Prevention Assistant is important to Debenhams?
to reduce the amount of loss in cost to Debenhams.
How PTC technology is used in pollution prevention?
PTC technology is also used in pollution prevention, pollution treatment and the removal or destruction of impurities in waste and product streams. PTC provides many compelling benefits, primarily related to reducing the cost of manufacture of organic chemicals and pollution prevention. Cost reduction and pollution prevention are the two most powerful driving forces in the chemical industry today, and they match precisely the strengths and benefits provided by Phase-Transfer Catalysis.
Is indirect labor cost a period cost?
Indirect labor is considered a period cost because it can't be traced by to the product. If a cost can be traced back to a product, then it is considered a product cost.
Can fixed cost and variable cost be considered as Overhead cost?
Overhead is considered a fixed cost, even though it may vary somewhat according to the amount of activity.
Select a cost in your industry that is a fixed cost and why is it considered to be a fixed cost?
rental
Which is not considered a common army safety related program?
There are several common Army safety programs that are related to prevention. Of these programs, first aide is not considered a preventative safety program.
