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Match the Options Below with the Correct Phrases

question 33

Multiple Choice

Match the options below with the correct phrases:
-development

Understand and apply Pareto analysis in identifying major causes of problems from a given dataset.
Calculate the Quality loss function using specific provided data.
Construct conventional cause-and-effect diagrams to analyze various service quality issues.
Identify probable reasons for lateness and analyze them using cause-and-effect diagrams.

Definitions:

NFPO's Revenues

The income earned by a not-for-profit organization from its charitable activities, donations, and other sources not related to regular business operations.

Capital Fund

A financial reserve or source of funds that an organization or government allocates for specific purposes, such as development or investment projects.

Useful Life

The estimated time period that an asset is expected to be usable by an entity, with reasonable efficiency, for the purpose for which it was acquired.

Financial Statements

Formal records of the financial activities and position of a business, person, or other entity, which typically includes the balance sheet, income statement, and cash flow statement.

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