A New Machine Used in the Production of Motor Mount

question 2

Multiple Choice

A new machine used in the production of motor mount bolts was put into operation. Five samples of size 100 were randomly selected and the number of defectives in each sample was noted. What is the UCL?

• A)6.7%
• B)7.4%
• C)8.1%
• D)100%

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Definitions:

Accounts Payable

Amounts owed by a company to suppliers or vendors for goods or services received but not yet paid for, recognized as a current liability on the balance sheet.

General Journal

A primary accounting record where financial transactions are entered before posting to ledger accounts.

General Ledger

The primary accounting record of a business which contains all the balance sheet and income statement accounts.

Trial Balance

A bookkeeping worksheet where the balances of all ledgers are compiled into debit and credit account column totals that are equal.