The Quality System That Grew Out of a 1947 Meeting

question 53

Multiple Choice

The quality system that grew out of a 1947 meeting with a mission of facilitating the international coordination and unification of industrial standards is part of the history of which quality system.

• A)ISO
• B)TickIT
• C)Six Sigma
• D)Capability Maturity Model CMM)
• E)None of the above

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Definitions:

Equity Method

An accounting technique used to record investments in other companies, where the investment is significant but not controlling.

Stock Investments Account

An account used to record the purchases and sales of equity securities, such as shares of stock, that a company holds as investments.

Annually

Occurring once every year or relating to a period of one year.

Significant Influence

The power to participate in the financial and operating policy decisions of an investee but not control those policies.