Which of the Following Approaches Is a Quality Control Technique

question 19

Multiple Choice

Which of the following approaches is a quality control technique useful in determining when operating results are fluctuating normally or instead are disorderly?

• A) Value chain analysis
• B) Statistical process-control methods
• C) Benchmarking
• D) Data-control processes

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Definitions:

Financing Activities

Transactions that result in changes in the size and composition of the equity and borrowings of a company.

Direct Method

A cash flow statement preparation approach that lists major classes of gross cash receipts and payments.

Investing Activities

A section of the cash flow statement of a company which documents the buying and selling of long-term assets, including property, plant, and equipment.

Financing Activities

Transactions that result in changes in the size and composition of the equity capital or borrowings of the entity.