Answer:
Statistical quality control (SQC)
Explanation:
Statistical Quality Control (SQC) is the term used to describe the set of statistical tools used by quality professionals(managers). SQC is used to analyze the quality problems and solve them.
Statistical quality control refers to the use of statistical methods in the monitoring and maintaining of the quality of products and services.
it is used to monitor all phases in a production process.
Answer:
Sept 1
DR PETTY CASH $350.30
CR CASH $350.30
Sept 30
DR POSTAGE EXPENSE $100
DR OFFICE SUPPLIES $116
DR CASH SHORT & OVER $4
CR CASH $220
Explanation: A petty cash is a small amount of money disbursed by an organisation for expenditures. This expenditures are usually day to day expenses such as postages, stationaries, office supplies and so on. From time to time, there may be cash shortages or the cash may be over for various reasons.
Answer:
Positive statement
Positive statement
normative statement
normative statement
Explanation:
Positive Economics is objective and statements are usually based on facts and economic theory. They can be tested.
For example, the statement - the lack of effective regulation contributed to a risk-seeking culture in the financial services industry- can be test empirically
Normative economics is based value judgements, opinions and perspectives. For example, the statement - Central banks should have imposed tighter regulations on banks to prevent the financial crisis- is based on opinion. Everyone would have an opinion on what the Central bank should have done
The monthly absorption rate of the single-family properties is 5.8
<h3>What is the monthly absorption rate?</h3>
The monthly absorption rate is a measure used in real estate to determine the rate at which houses are sold in a particular period of time. The absorption rate gives an insight to the rate at which houses are sold in a particular period of time.
Monthly absorption rate = number of houses sold / 12
(168 - 98) / 12 = 5.8
To learn more about absorption rate, please check: brainly.com/question/14347332
The unit cost per service is calculated by dividing the total operating cost of services by the number of service units.
In the given problem, the operating expenses are $9,000 which shall be considered the cost of services provided. And the number of the service unit is given 46 units.
Hence, unit cost per service shall be $9,000/46 = <u>$195.65</u>
Note: We have rounded off the final answer to the nearest cent or two decimal places.