Operating income and cash flow are examples of metrics used to assess quality control.

Quality Control

The process of ensuring products and services meet customer expectations and regulatory requirements through consistent monitoring and testing.

Operating Income

Operating income refers to the amount of profit realized from a business's operations, after deducting operating expenses such as wages, depreciation, and cost of goods sold (COGS) but before interest and taxes.

Comprehend the diverse metrics like material price variances and operating income, along with their uses across various departments.

Verified Answer

Jonathan AbrahamMay 20, 2024

Final Answer :

False

Explanation :

Operating income and cash flow are financial metrics used to assess a company's profitability and cash generation, not specifically its quality control.

Learning Objectives

Comprehend the diverse metrics like material price variances and operating income, along with their uses across various departments.

Operating income and cash flow are examples of metrics used to assess quality control.

Definitions

Learning Objectives

Learning Objectives

Related questions