Use the Information Below to Answer the Following Question(s)

question 24

Multiple Choice

Use the information below to answer the following question(s) .
An automotive manufacturer procures an important engine part.The tool that the manufacturer uses to monitor the part supplier is a supplier scorecard.With respect to part quality,two primary performance metrics monitored are parts per million (PPM) defects and percent PPM improvement.The following measures are used for the scoring criteria:
Data collected on the supplied part over the present quarter indicated 15 defects with 325,000 parts received.The PPM defect rate in the prior quarter was 73.
-What are the scorecard points received by this supplier for the PPM defect rate in this quarter?

• A)0
• B)10
• C)20
• D)30

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Definitions:

Errors

Mistakes or inaccuracies in the accounting process that can affect financial records and statements.

Horizontal Analysis

A financial analysis technique that compares historical financial information across multiple periods.

Income Statement

A financial statement that shows a company's revenue and expenses over a specific period, revealing profit or loss.

Two-Column Journal

A form of journal in which there are only two amount columns, one for debits and one for credits.