What is Cost of Quality and How to Calculate It?

Cost of Quality is the sum of the costs related to providing a quality product and the costs related to not providing a quality product. While being an effective measure to identify cash drains, it can also be used to balance the price and quality relationship of your products.

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What is an Accounting Manual?

Accounting manual is a document in which every organization defines its accounting policies and procedures – in this article, we give an overview of its goals and contents.

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