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Statement I Internal failure costs are generated after the product is dispatched as a result of non-performance to requirements.
Statement II External failure costs are generated before the product is dispatched as a result of non-conformance to requirements.
Which of the following answer is correct related to above statements being correct or incorrect?

Statement I Internal failure costs are generated after the product is dispatched as a result of non-performance to requirements.
Statement II External failure costs are generated before the product is dispatched as a result of non-conformance to requirements.
Which of the following answer is correct related to above statements being correct or incorrect? Correct Answer Both statements are not correct

Related Questions

The 4 costs of quality are external failure costs, internal failure costs, assurance costs and . . . . . . . . costs.
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Statement I Accounting profit is a surplus of total revenue over and above all paid-out costs, including both manufacturing and overhead expenses.
Statement II Economic or pure profit is a residual left after all contractual costs have been met, including the transfer costs of management, insurable risks, depreciation and payments to shareholders sufficient to maintain investment at its current level.
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X contracts to marry Y, being already married to Z, and being forbidden by the law to which he is subject to practise polygamy.
(1) X must pay compensation to Y for the loss caused to her by the nonperformance of his promise.
(2) X is under no obligation to compensate Yunder any law
(3) An agreement to do an act impossible in itself is void
In view of the above:
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Consider the following statements; 1) In a reinforced concrete member subjected to flexure, the externally applied moment is resisted by an internal couple formed by steel and concrete and their magnitudes vary with the applied moment, while the lever arm of the internal couple remains constant 2) In a prestressed concrete. Member, the external moment is resisted by an internal couple, but it is the lever arm that changes with the loading conditions and the stress in steel remain practically constant Which of the above statements is/are correct?