Individual Units Can Have Higher Quality Than Others,even While Meeting

question 46

Multiple Choice

Individual units can have higher quality than others,even while meeting traditional specifications.Deviations from the target lead to lower and lower quality of the unit.This concept is associated with a:

• A) cause and effect diagram.
• B) process flow chart.
• C) check sheet.
• D) Taguchi method.
• E) Pareto diagram.

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Definitions:

Accounting Equation

A fundamental principle of accounting reflecting that assets are equal to the sum of liabilities and shareholders' equity.

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit columns to ensure a company's transactions are mathematically correct.

Debit Column

The left-hand column in an accounting journal or ledger where debits are recorded, indicating an increase in assets or expenses or a decrease in liabilities, equity, or income.

Credit Column

The section of a financial statement or ledger where increases in liabilities, equity, and revenue or decreases in assets and expenses are recorded.