Arco sells to Melvin 1,000 computers that are stored in Arco's warehouse. Arco gives Melvin the ownership documents and Melvin will pick up the computers at the warehouse. Title has passed to Melvin

A "pure risk" is defined as a situation where there is the possibility:

A) of loss or no change B) of profit or no change C) of profit or loss D) that actual losses will deviate from expected losses

Statistical process control uses control charts to monitor the outputs of a process to identify variations due to assignable causes from variations due to common causes

a. True b. False Indicate whether the statement is true or false