The PDCA Cycle Stands for

question 28

Multiple Choice

The PDCA cycle stands for

• A)process-develop-conform-approve
• B)prevent-determine-conform-action
• C)plan-develop-conform-accept
• D)plan-do-check-act

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Definitions:

Retirement of Notes Payable

The process of paying off or settling a debt obligation represented by promissory notes.

Cash Flows from Operating Activities

The section of a company's cash flow statement that represents the amount of money a company brings in from its regular business activities.

Depreciation

The accounting method of allocating the cost of a tangible asset over its useful life, representing the asset's wear and tear, deterioration, or obsolescence.

Investing Activities

Transactions involving the purchase and sale of long-term assets and investments, recorded in the cash flow statement.