Process Capability Can Be Addressed When

question 44

Multiple Choice

Process capability can be addressed when:

• A) assignable causes are present.
• B) a process is in statistical control.
• C) a process is in statistical control but assignable causes are present.
• D) the nominal value equals the tolerance regardless of assignable causes.

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Definitions:

Incorrect Entry

An error or mistake made in recording transactions in the accounting records.

Correcting Entry

A journal entry made to rectify an error in the accounting records, ensuring the accuracy of financial statements.

Equipment

Tangible assets used in operations, not intended for sale, that have a useful life of more than one year.

Supplies

Consumable items or materials used in the day-to-day operations of a business.