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Oksana_A [137]
2 years ago
13

Generally, all stakeholders agree that there is a problem and on what the problem is before beginning the dmaic process. True or

false?.
Business
1 answer:
Usimov [2.4K]2 years ago
3 0

Before starting the DMAIC process, most stakeholders are in agreement that there is a problem and what the problem is.

The given statement is false:

The DMAIC Process · Define the problem, improvement activity, opportunity for improvement, the project goals, and customer (internal and external) requirements.

Determine the essential elements for your business process's success. To gauge the effectiveness of the process, define process metrics. You can enhance this process' performance using the six sigma methodology. A rational, organized method to enhancing corporate operations is six sigma.

The Greek letter "Sigma," used in statistics, expresses how far a process deviates from ideal behavior. Sigma is another name for the process's standard deviation from the mean. An organization can use the Six Sigma process to count the "defects" in a process, find ways to get rid of them, and as closely as feasible to "zero defects"

Increasing the effectiveness and quality of the company presents challenges for managers. In order to succeed, they must put the best methodology and tools for process analysis and control into use. The top The procedure must be improved in order to improve the outcome.

To learn more about DMAIC process visit:brainly.com/question/14845777

#SPJ4

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Jim wants to buy a car, but he’ll probably only need it for a couple of years. He has a short commute to work, so he won’t be pu
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3 years ago
Cullumber purchased a patent from Vania Co. for $1,230,000 on January 1, 2018. The patent is being amortized over its remaining
victus00 [196]

Answer: $738,000

Explanation:

The amount they should be reported in the balance sheet for the patent, net of accumulated amortization, at December 31, 2020 goes thus:

The amortization for 2018 and 2019 will be:

= $1,230,000 × 2/10

= $246,000

Then, the carrying value of patent in the beginning of 2020 will be:

= $1,230,000 - $246,000

= $984,000

It should be noted that the remaining life will be:

= 6 years - 2 years

= 4 years

2020 Amortization will then be:

= $984000/4 =

$246000

Accumulated Amortization will be:

= $246,000 + $246,000

= $492,000

Therefore, the amount reported in patents will be as at December 31, 2020 will be:

= $1,230,000 - $492,000

= $738,000

4 0
4 years ago
An accounting firm has five offices in five separate cities. Employees need to transmit data between the different offices, and
Airida [17]

An accounting firm has five offices in five separate cities. Employees need to transmit data between the different offices, and it is crucial that none of the data is altered during transmission. This e commerce concern is known as D<u>ata  Confidentiality</u>

<u></u>

Explanation:

  • Data confidentiality is about protecting data against unintentional, unlawful, or unauthorized access, disclosure, or theft.
  • Confidentiality has to do with the privacy of information, including authorizations to view, share, and use it.
  • Confidential Information should not be accessible to an unauthorized person. It should not be intercepted during the transmission.
  • Confidentiality refers to protecting information from being accessed by unauthorized parties.
  • Only the people who are authorized to do so can gain access to sensitive data. Imagine your bank records.
  • A failure of confidentiality, known as a breach, typically cannot be remedied.
6 0
3 years ago
Read 2 more answers
Which of the following statements correctly describes how accounting helps managers? Select one: a. Accounting provides better w
il63 [147K]

Answer:

The correct answer is letter "B": Accounting centralizes and organizes processes.

Explanation:

Managerial Accounting is internally-based accounting that helps managers measure the results of their decisions. This is in contrast to financial accounting which emphasizes in more general, higher-level financial results of the company.  

One common managerial accounting tool in determining the profit margin in each of the company's products. This information helps managers set product prices and ensure they are making appropriate profit margins.

8 0
3 years ago
Awnings Incorporated has beginning net fixed assets of $234,100 and ending net fixed assets of $243,600. Assets valued at $42,50
bazaltina [42]

Answer:

Net Capital Spending = $72,000

Explanation:

Formula for Net capital Spending:

Net Capital Spending = Net Increase in Fixed Asset + Depreciation

Net Capital Spending = ( $243,600 - $234,100 ) + $62,500

Net Capital Spending = $9,500 + $62,500

Net Capital Spending = $72,000

Sale of asset is already accounted for in the ending net balance of fixed assets.

5 0
4 years ago
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