The Six Sigma Process Received Its Name From

question 29

Multiple Choice

The Six Sigma process received its name from:

• A) the intersection of six bell curves, where there are no errors.
• B) six degrees of freedom in removing an error, called "sigma."
• C) six tries to change or give up.
• D) six standard deviations, or less than 3.4 defects per million.
• E) Sigma, the computer company that invented it.

Know the components and the preparation of the balance sheet and income statement from work sheet data.

Understand the role of reversing entries in accounting.

Master the classification and reporting of assets and liabilities in financial statements.

Identify components of the statement of owner's equity and the process for its preparation.

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Definitions:

Davis-Moore Thesis

A sociological theorem that argues social stratification has beneficial consequences for the operation of society, positing that the most difficult jobs in any society are the most necessary and require the highest rewards and incentives to motivate individuals to complete them.

Stratification

The arrangement or classification of something into different groups, levels, or ranks, often used to describe the hierarchical layering of people in a society based on wealth, race, education, etc.

Bourgeoisie

The owners of the means of production.

Petite Bourgeoisie

A social class positioned between the lower middle class and the working class, often including small business owners and self-employed individuals.