Prior to becoming plymouth rock assurance, the company marketed three different insurance companies: high point, plymouth rock, and pallasades. rebranding the three names into one, plymouth rock assurance, was one part of the overall objective of constantly improving the quality of services and business products. this overall process is known as which of the following?

a. quality level
b. quality consistency
c. performance quality
d. conformance quality
e. total quality management

On july 2, year 4, wynn, inc., purchased as a short-term investment a $1 million face-value kean co. 8% bond for $910,000 plus accrued interest to yield 10%. the bonds mature on january 1, year 11, and pay interest annually on january 1. on december 31, year 4, the bonds had a fair value of $945,000. on february 13, year 5, wynn sold the bonds for $920,000. in its december 31, year 4, balance sheet, what amount should wynn report for the bond if it is classified as an available-for-sale security?