Difference between Characterstics and Master Inspection Characterstics??

Could some please explain me the difference between characterstics and Master inspection Characterstics?
How do you create a new master inspection characterstics?

Classification and Characteristics are cross-application functions ( [SAP Help|http://help.sap.com/saphelp_erp60_sp/helpdata/en/dd/ae56614bb411d192f20000e829fbc6/frameset.htm] ) used in many areas of SAP such as:
- Equipment
- Functional location
- Notification
- Task lists
- Materials
- QM master inspection characteristics
- Sales orders
- Etc
PeteA

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