Among Continuous Improvement Methods,the System of Six Sigma Is One

question 9

Multiple Choice

Among continuous improvement methods,the system of Six Sigma is one that focuses on improving processes by:

• A) emphasizing quality control procedures that are routinely performed,documented,and evaluated
• B) emphasizing speed and efficiency
• C) the elimination of defects in the process through precision and accuracy
• D) continuous statistical assessment of date being collected

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Definitions:

Cost Method

An accounting method used to value investments, where the investment is recorded at cost and adjusted only for impairments.

Equity Method

An accounting technique used by a company to record its investment in another company when it has significant influence but does not have full control or majority ownership.

Income Tax Allocation

Refers to the process of assigning income tax expense or benefit to various components of an organization's financial statements.

Balance Sheet

A financial statement that shows a company's financial position at a specific point in time, detailing assets, liabilities, and shareholders' equity.