Which of the Following Is Not a Characteristic of a Control

question 37

Multiple Choice

Which of the following is not a characteristic of a control chart?

• A)the centerline is determined using special cause (nonrandom)variations.
• B)the upper and lower control limits are based on special cause (nonrandom)variation.
• C)the centerline is determined by using the target value.
• D)None of these answer choices is correct.

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Definitions:

Present Obligation

A duty or responsibility that is expected to be settled in the future, recognized as a liability.

Past Event

An event or transaction that has occurred prior to the balance sheet date, impacting the financial position or performance of an entity.

Reliable Estimate

A calculation or assessment regarding figures or outcomes that is deemed dependable based on available evidence.