Pearson P1 New Attempt

$97.50

$93

$98

$50

The culture of an organisation should be to get things right the first time.

Everyone within an organisation should be involved in improving quality.

All costs relating to quality should be examined, particularly those relating to failure costs.

There is an acceptable quality level that an organisation must try to achieve.

The costs of conformance are more important than the costs of non-conformance.

The organisation should rely on inspection to achieve quality standards.

Lead time between the preparation of the functional budgets and the approval of the master budget by senior management

Difference between the budgeted output and the actual output

Difference between budgeted capacity utilization and full capacity

Intentional over estimation of costs and/or under estimation of revenue in a budget

The revised standard cost of 450 units compared with the original standard cost of 450 units

The revised standard cost of 300 units compared with the orginal standard cost of 300 units

The revised standard cost of 450 units compared with the original standard cost of 300 units

The revised standard cost of 300 units compared with the original standard cost of 450 units