What Is Quality Control (QC)? Quality control (QC) is a process through which a business seeks to ensure that product quality is maintained or improved. Quality control requires the company to create an environment where management and employees strive for perfection. This is done by training personnel, creating benchmarks for product quality, and testing products
What Is Quality Management? Quality management is the act of overseeing all activities and tasks that must be accomplished to maintain a desired level of excellence. This includes the determination of a quality policy, creating and implementing quality planning and assurance, and quality control and quality improvement. It is also referred to as total quality
What Is Quality of Earnings? A company’s quality of earnings is revealed by dismissing any anomalies, accounting tricks, or one-time events that may skew the real bottom-line numbers on performance. Once these are removed, the earnings that are derived from higher sales or lower costs can be seen clearly. Even factors external to the company
What Is Quality of Life? Quality of life is a highly subjective measure of happiness that is an essential component of many financial decisions. Factors that play a role in the quality of life vary according to personal preferences, but they often include financial security, job satisfaction, family life, health, and safety. Financial decisions can
What Is Quantitative Analysis (QA)? Quantitative analysis (QA) is a technique that uses mathematical and statistical modeling, measurement, and research to understand behavior. Quantitative analysts represent a given reality in terms of a numerical value. Quantitative analysis is applied to the measurement, performance evaluation, valuation of a financial instrument, and predicting real-world events such as
What Is Quantitative Easing (QE)? Quantitative easing (QE) is a form of monetary policy in which a central bank, like the U.S. Federal Reserve, purchases securities from the open market to reduce interest rates and increase the money supply. Quantitative easing creates new bank reserves, providing banks with more liquidity and encouraging lending and investment.
What Was Quantitative Easing 2 (QE2) QE2 refers to the second round of the Federal Reserve’s quantitative easing program that sought to stimulate the U.S. economy following the 2008 financial crisis and Great Recession. Announced in November 2010, QE2 consisted of an additional $600 billion in purchases of U.S. Treasuries and the reinvestment of proceeds from prior mortgage-backed security
What Is the Quantity Theory of Money? The quantity theory of money is a theory that variations in price relate to variations in the money supply. It is most commonly expressed and taught using the equation of exchange and is a key foundation of the economic theory of monetarism. Key Takeaways The quantity theory of
What Is a Qualified Higher Education Expense (QHEE)? The term qualified higher education expense (QHEE) refers to money paid by an individual for expenses like tuition, books, fees, and supplies to attend a college, university, or other post-secondary institution. These expenses can be paid by a student, spouse, parent(s), or another party such as a
What Is the Qatar Investment Authority (QIA)? The Qatar Investment Authority (QIA) is a government-owned entity charged with managing the sovereign wealth fund (SWF) of Qatar. QIA’s mission is to invest, manage and grow Qatar’s reserves in order to support the development of Qatar’s economy. Though Qatar’s population is relatively small, its sovereign wealth fund
