Cost Accounting (15th Edition)

Published by Prentice Hall
ISBN 10: 0133428702
ISBN 13: 978-0-13342-870-4

Chapter 19 - Balanced Scorecard: Quality and Time - Assignment Material - Questions - Page 753: 19-4

Answer

Two examples of appraisal costs are: 1. Inspection and Testing: The costs incurred to inspect and test products or services to ensure they meet quality standards and specifications. This includes the expenses associated with equipment, labor, and materials used for inspection and testing. 2. Supplier Audits: Costs related to auditing and assessing the quality and performance of suppliers to verify that they are meeting quality requirements and delivering conforming materials or components. This may involve travel expenses, audit fees, and personnel time.

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