Which of the Following Types of Charts Are Correctly Paired

question 17

Multiple Choice

Which of the following types of charts are correctly paired with its description?

• A)C-charts are used to monitor countable occurrences,such as the number of nonconformities or defects per unit.
• B)P-charts are used to monitor the timing of defects or errors in a product or service.
• C)C-charts are used to monitor the timing of defects or errors in a product or service.
• D)P-charts are used to monitor the defects per million opportunities in a product or service.

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Definitions:

Inventory Shortages

Situations where the actual inventory count is less than what is recorded on the books, indicating possible issues such as theft or errors.

Volatile Times

Periods characterized by high levels of uncertainty, unpredictability, or instability, often referring to economic or financial market conditions.

Lean Accounting System

An accounting practice aimed at reducing waste and improving financial control by aligning accounting processes with lean manufacturing principles.

Fewer Transactions

A situation where a business or an individual engages in a lesser number of financial exchanges or activities within a given period.