Which of the Following Is True of SPC

question 87

Multiple Choice

Which of the following is true of SPC?

• A)It resembles a fishbone and is hence also known as a fishbone diagram.
• B)It is applicable only in manufacturing.
• C)It tells us whether a process is stable and conforms to specifications.
• D)It tells us whether a process is capable of meeting customer expectations.

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Definitions:

Controlling Investment

A significant ownership interest in a company, providing the ability to exercise control over its operations and policies.

Financial Statements

Documents that present an organization's financial activity and condition, including balance sheet, income statement, and cash flow statement.

Related Parties

Parties are considered related if one party has the ability to control or significantly influence the financial and operational decisions of another.

Non-executive Directors

Individuals who sit on a company's board but are not part of the day-to-day management, often providing independent oversight.