Root Cause Analysis Tries to Find _____

question 106

Multiple Choice

Root Cause Analysis tries to find _____.

• A)How long each process takes in the as-in system with an eye at shortening the time
• B)How much each process costs (rather than the time)with an eye at cutting costs
• C)The true problem and not just symptoms of problems and solve that
• D)Technologies that could work
• E)Other companies that have similar processes and attempt to learn from them

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Definitions:

Cumulative Net Income

The total amount of net income earned by a company over a specified period, typically since its inception.

Dividends Declared

The announcement by a company's board of directors of the issuance of dividends to shareholders.

Accounting Estimates

Assumptions made about future financial transactions that impact the reporting of a company's financial statements, such as allowances for doubtful accounts.

Cumulative Adjustment

An accounting method used to make corrections to cumulative errors in financial statements of previous years.