A Process in Which Process Variation Does Not Fit at All

question 64

Multiple Choice

A process in which process variation does not fit at all within the specification limits.

• A) Process is easily capable
• B) Process is comfortably capable
• C) Process is just capable
• D) Process is not capable

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Definitions:

Realisation of Profit

The process by which a profit is recognized on the books once a transaction is completed and the revenue can be reliably measured.

External Party

An individual, group, or organization outside of a company that can affect or be affected by the business's activities.

Group

A parent and its subsidiaries.

Deferred Tax Asset

An accounting term referring to a situation where a business has paid more taxes or has higher tax payments upcoming than what is currently due on the financial statements.