I was stuck on the same question. When I find out I’ll tell you immediately!!!
Answer:
True
Explanation:
I had this question on my test and got it right
Answer:
The operational improvement cycle is referred to as the:
c. DMAIC cycle
Explanation:
The DMAIC cycle involves continuous operational improvement. The 'D' stands for 'to define' the process. The 'M' stands for ' to measure' or quantify the performance process. The 'A' stands for ' to analyze' performance to determine root causes. The 'I' stands for 'to improve; the process. The 'C' stands for control to achieve benefits. These processes are the Sigma Six improvement processes that have been proven to yield improved organizational processes.
It means that the technology company will use the audit results to analyze risks. Thus option A is correct.
<h3>What is Audit ?</h3>
Audit refers to the checking of financial records of the company in order to ensure that the records are systematic and accurate. It is very helpful for the outsiders such as creditors, shareholders, government agencies etc as it provides the accurate information about transactions.
Mr. Chu will analyse the financial statements of the technology company an conclude about the risk involved in the company. Thus it helps in analyzing the risk. Therefore, option A is correct.
Learn more about auditing here:
brainly.com/question/14652228
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