Appraisal costs are incurred to identify defective products before they are shipped to customers.

Name: Appraisal costs are incurred to identify defective products before they are shipped to customers.
Brand: Quizplus
Rating: 4.7 (31 reviews)

Question

Quizplus · Accepted Answer

Appraisal costs are incurred to inspect and identify defective products before they are shipped to customers, thus preventing the need for costly rework or customer returns. Examples of appraisal costs include inspection of raw materials, testing of finished products, and field testing of prototypes.

Appraisal Costs Are Incurred to Identify Defective Products Before They