The majority of courts hold that the running of the statute of limitations operates to discharge a contract

Production cost reports prepared using the first-in, first-out (FIFO) method assume that the first units started in the production process are the last units completed and sold

Indicate whether the statement is true or false

When preparing the report to analyze a proposed quality improvement program, which of the following are included in the costs to continue without the quality improvement program?

A) prevention and appraisal B) prevention and internal failure C) internal and external failure D) appraisal and external failure