Which step of the Six Sigma DMAIC procedure involves identifying data sources and preparing a data collection plan?
A) Define
B) Measure
C) Analyze
D) Improve
E) Control
B
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A company had net sales of $752,000 and cost of goods sold of $543,000. Its net income was $17,530. The company's gross margin ratio equals:
A. 27.8% B. 34.7% C. 24.5% D. 18.9% E. 35.2%
Which of the following is true of state responsibility toward acts of terrorism?
A. A state is liable for all terrorist acts that happen within its territories. B. A state is only liable for international acts of terrorism perpetrated by its nationals. C. A state's responsibility is often limited to helping other states bring terrorists to trial. D. A state is liable only for those terrorist acts that are perpetrated by foreign nationals within its territory.
Comparing actual performance to previously budgeted amounts is part of the ________
A) controlling function of managerial accounting B) planning function of managerial accounting C) reporting function of managerial accounting D) organizing function of managerial accounting