During the Analyze Phase of Six Sigma,the Project Team ______

question 26

Multiple Choice

During the analyze phase of Six Sigma,the project team ______.

• A)uses statistical tools to determine the relationship between the suspected causes and their effects
• B)makes improvements to the process
• C)ensures the problem is well defined
• D)ensures the improvements are sustained

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Definitions:

Accounting Estimates

Assumptions made about future financial transactions that impact the reporting of a company's financial statements, such as allowances for doubtful accounts.

Cumulative Adjustment

An accounting method used to make corrections to cumulative errors in financial statements of previous years.

Prior Period Adjustments

Corrections of errors in previously issued financial statements for periods that have already been reported.

Retained Earnings

The portion of a company's net income that is kept within the company rather than distributed to shareholders as dividends.