The Tool That Is Useful in the Collection and Organization

question 89

Multiple Choice

The tool that is useful in the collection and organization of data is a

• A)control chart.
• B)Pareto chart.
• C)check sheet.
• D)flowchart.
• E)runs chart.

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Definitions:

Small NFPOs

Not-for-profit organizations that are relatively small in scale, size, or financial activity.

Revenue Recognized

The process of recording income when it is earned and realized or realizable, according to the principles of accounting.

Capitalizing

The accounting practice of recognizing a cost as a long-term asset rather than an expense.

Amortizing

The process of gradually paying off a debt over a predetermined period of time through regular payments.