Six Sigma Programs Have Both Management and Technical Components

question 27

True/False

Six sigma programs have both management and technical components.

---

Definitions:

Net Book Value

The value at which an asset is carried on a balance sheet, calculated as the original cost minus accumulated depreciation and impairment costs.

Fair Value

The estimated price at which an asset or liability could be exchanged between knowledgeable and willing parties in an arm's length transaction.

Double Declining-Balance Depreciation

A method of accelerated depreciation which doubles the normal depreciation rate that would be applied to an asset under the straight-line method.

Depreciation Expense

An accounting method of allocating the cost of a tangible asset over its useful life.