All categories

3 years ago

What is meant by Six Sigma?

1 answer:

6 0

Six Sigma is a disciplined, statistical-based, data-driven approach and continuous improvement methodology for eliminating defects in a product, process or service. ... Six Sigma can also be thought of as a measure of process performance, with Six Sigma being the goal, based on the defects per million.

You might be interested in

Q 7.39: In a small-town retail store, the sales clerk is responsible for counting the cash in the cash register and comparing it

denis23 [38]

Answer: b.segregation of duties

Explanation:

Segregation of duties as an internal control ensures that there are multiple people doing activities that if left to one person can leave the company at the risk of fraudulent activity. It also helps to reduce the incidence of errors in reporting because more than one person will be cross-checking transactions.

There should be more segregation of duties in this small-town retail store. For instance, the sales clerk should not be responsible for both the counting and comparison to the cash register tape because they could have omitted sales from the machine and then simply taken the money from the cash when counting. A different person should count the cash to see if it tallies with the cash register tape.

5 0

4 years ago

Which of the following foundation items must be integrated under a concrete cap?

Korolek [52]

Answer:

The answer is C. Driven piles.

Explanation:

Driven piles, in construction, are used in the building of foundations and they are also used to provide support for structures. This is evident in transferring their load to layers of soil or rock which possess the bearing capacity that is sufficient and also suitable settlement characteristics.

Driven piles are also used in the support of the following structures:

- embankments,

- retaining walls,

- anchorage structures

- cofferdams,

- bulkheads,

- buildings,

- towers,

- bridges,

- tanks,

- walls, etc.

Driven piles are the most cost-effective solution for deep foundation.

3 0

3 years ago

What are two examples of management information systems?

Anettt [7]

Answer:

process control systems, human resource management systems, sales and marketing systems, inventory control systems, office automation systems, enterprise resource planning systems, accounting and finance systems and management reporting systems.

Explanation:

8 0

3 years ago

A company is preparing its cash budget. Its cash balance on January 1 is $290,000, and it has a minimum cash requirement of $340

boyakko [2]

Answer:

The correct answer is:

excess of $15,800 (d.)

Explanation:

In order to calculate the cash excess or deficiency for March, we have to determine the net balance for the period from January, February and March, after deducting the total expenditures from the incomes as follows:

Cash Receipts (income)

January 1 balance = $ 290,000

January = $ 1,061,200

February = $ 1,182,400

March = $ 1,091,700

Total cash receipt = $3,625,300

Cash payments (expenditure)

January = $ 984,500

February = $ 1,210,000

March = $ 1,075,000

Total payments = $ 3,269,500

Net cash available = total cash receipts - total cash payments

= 3,625,300 - 3,269,500 = $355,800

Note, we are told that the minimum cash requirement = $340,000

Therefore:

Cash excess (deficiency) = Net cash available - minimum cash requirement

= 355,800 - 340,000 = $15,800 (excess)

excess because cash available is greater than the minimum cash requirement.

5 0

3 years ago

The Canton Corporation shows the following income statement. The firm uses FIFO inventory accounting. CANTON CORPORATION Income

Zepler [3.9K]

Answer:

Aftertax income 47,278.7

Explanation:

Sales 14,600 units at $14.30 (10%Δ) 208,780

Cost of goods sold (unchanged) (116,800)

Gross profit 91,980

S&A expenses; 5% of sales

208,780 x 5% = (10,439)

Depreciation (unchanged) (14,000)

Operating profit 67,541

Taxes (30% of operating profit) 20,262.3

Aftertax income 47,278.7‬

8 0

4 years ago