Search results
Results from the WOW.Com Content Network
The settlement agent must permit the borrower to inspect the HUD-1 or HUD-1A settlement statement, completed to set forth those items that are known to the settlement agent at the time of inspection, during the business day immediately preceding settlement. Items related only to the seller's transaction may be omitted from the HUD-1.
A standard operating procedure (SOP) is a set of step-by-step instructions compiled by an organization to help workers carry out routine operations. [1] SOPs aim to achieve efficiency, quality output, and uniformity of performance, while reducing miscommunication and failure to comply with industry regulations .
The history of testing, inspection and certification services spans back several centuries. In the late 19th century, following the advent of the Industrial Revolution and the considerable risks involved with high-pressure steam boilers, specialized institutions emerged across Europe which carried out periodical inspections of such vessels to assess their overall condition as a precautionary ...
A standard inspection procedure (or sometimes just 'SIP' [1] [2]) is a process by which a number of variables may be checked for compliance against a set of rules. SIPs are used by various organizations including the Commercial Vehicle Safety Alliance (CVSA) [3] [4] and the U.S. Department of Defense. [5] [6]
Inspections are initiated without advance notice, conducted using on-site or telephone and facsimile investigations, performed by trained compliance officers and scheduled based on the following priorities [highest to lowest]: imminent danger; catastrophes – fatalities or hospitalizations; worker complaints and referrals; targeted inspections ...
100% inspection takes too long. A wide variety of acceptance sampling plans is available. For example, multiple sampling plans use more than two samples to reach a conclusion. A shorter examination period and smaller sample sizes are features of this type of plan. Although the samples are taken at random, the sampling procedure is still ...
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
The simplest form of quality control was a sketch of the desired item. If the sketch did not match the item, it was rejected, in a simple Go/no go procedure. However, manufacturers soon found it was difficult and costly to make parts be exactly like their depiction; hence around 1840 tolerance limits were introduced, wherein a design would ...