The philosophy of zero defects is:

A) the result of Deming's research.
B) unrealistic.
C) prohibitively costly.
D) an ultimate goal; in practice, 1 to 2% defects is acceptable.
E) consistent with the commitment to continuous improvement.


E

Business

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A corporation issues 50 "packages" of securities for $154 per package. Each package consists of three shares of $5 par common stock and one share of $50 par preferred stock. If the market values of $40 per share for the common stock and $100 per share for preferred stock are known, the journal entry to record the sale would assign a total value to the preferred stock of

A) $3,500. B) $4,200. C) $5,775. D) $6,000.

Business

The adjusted trial balance may contain accounts that did not appear in the trial balance

Indicate whether the statement is true or false

Business

If the EPA determines that a pollutant is a threat to public health or the environment:

a. tighter control standards are to be imposed without regard to economic factors b. tighter control standards are to be imposed with careful analysis of economic factors c. tighter control standards are to be imposed only if they will not have adverse economic effects d. it will eventually impose slightly stricter standards e. Congress will impose some new standards

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You are given the following information obtained from a random sample of 5 observations taken from a large population. 32 34 32 30 32 Construct a 95% confidence interval for the mean of the population, assuming the population has a normal distribution

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