List of questions
Question 365 - ICBB discussion
Identify the incorrect statement.
A.
The objective of a cost of quality (COQ) system is to facilitate quality improvements which in turn leads to cost reduction opportunities.
B.
Cost of quality (COQ) can be defined as the cost difference between the present operation and the ideal operation and the ideal operation of a business with all resources at 100% performance.
C.
Cost of quality (COQ) is the difference between the actual revenues and the possible revenues in case all the customers are always satisfied.
D.
Cost of quality (COQ) is an exact cost.
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