Question 1

The document used by the cost accounting function to establish a WIP record for each job is the

Accepted Answer

A)  sales forecast. 
B)  production order. 
C)  materials requisition. 
D)  job time card. 
A)  sales forecast. 
B)  production order. 
C)  materials requisition. 
D)  job time card.

Question 2

A manufacturing company wants to know the optimal amount to order of part number 45612.It should gather appropriate inventory information about the part and then calculate the part's

Accepted Answer

A)  inventory usage rate. 
B)  lead time. 
C)  economic order quantity. 
D)  reorder point. 
A)  inventory usage rate. 
B)  lead time. 
C)  economic order quantity. 
D)  reorder point.

Question 3

Which of the following is false regarding the standard UPC bar code system?

Accepted Answer

A)  Both customer and supplier can use the same UPC product code. 
B)  Problems with vendor-based coding usually result when a vendor uses different codes for different items. 
C)  UPC assigns a six-digit code to each vendor. 
D)  UPC coding is vendor-based coding which can be applied at any point. 
A)  Both customer and supplier can use the same UPC product code. 
B)  Problems with vendor-based coding usually result when a vendor uses different codes for different items. 
C)  UPC assigns a six-digit code to each vendor. 
D)  UPC coding is vendor-based coding which can be applied at any point.

Question 4

The department that receives copies of materials requisitions from both the inventory control function and the production department is

Accepted Answer

A)  accounting. 
B)  sales. 
C)  accounts payable. 
D)  purchasing. 
A)  accounting. 
B)  sales. 
C)  accounts payable. 
D)  purchasing.

Question 5

Automated drafting software is part of a CAM system.

Accepted Answer

A) True 
 B)False

Question 6

GTIN is an identifier used to look up product information in

Accepted Answer

A)  GS1 tables. 
B)  Web-based list structures. 
C)  databases. 
D)  eBXML. 
A)  GS1 tables. 
B)  Web-based list structures. 
C)  databases. 
D)  eBXML.

Question 7

A document that details the resources available in stock for use in production is the ________ ________ report.

Accepted Answer

The answer of A document that details the resources available...

Question 8

Control over inventory includes

Accepted Answer

A)  storing. 
B)  handling. 
C)  spoilage. 
D)  Answer A and B are correct. 
A)  storing. 
B)  handling. 
C)  spoilage. 
D)  Answer A and B are correct.

Question 9

A document detailing the work completed on individual orders as they move through the manufacturing process is the ________ ________ report.

Accepted Answer

The answer of A document detailing the work completed on...

Question 10

World Voice is a long-distance telephone service provider that is in the process of overhauling its fixed-asset applications system.
Required: Identify the individual data items that should be included in the database for each of the company's fixed assets.

Accepted Answer

The new fixed asset database should incl

Question 11

GTIN is the Global Trade Item Number which is an identifier for trade items developed by GS1.

Accepted Answer

A) True 
 B)False

Question 12

________ ________ in RFID eliminate the need for direct line of sight to the RFID tag.

Accepted Answer

The answer of ________ ________ in RFID eliminate the need...

Question 13

Which of the following is a common benefit of UPC standardization?

Accepted Answer

A)  Paper invoices are no longer needed. 
B)  Inventory levels are reduced. 
C)  Cross-referencing of inventory codes is eliminated. 
D)  Physical inventory counts are no longer needed. 
A)  Paper invoices are no longer needed. 
B)  Inventory levels are reduced. 
C)  Cross-referencing of inventory codes is eliminated. 
D)  Physical inventory counts are no longer needed.

Question 14

A production system in which parts are produced only as they are required in a subsequent operation is known as

Accepted Answer

A)  periodic production. 
B)  green production. 
C)  lean production. 
D)  push production. 
A)  periodic production. 
B)  green production. 
C)  lean production. 
D)  push production.

Question 15

The predetermined overhead application rate is computed as

Accepted Answer

A)  budgeted overhead cost divided by budgeted activity. 
B)  total labor cost divided by total machine hours. 
C)  budgeted activity divided by budgeted overhead cost. 
D)  total machine hours divided by total labor cost. 
A)  budgeted overhead cost divided by budgeted activity. 
B)  total labor cost divided by total machine hours. 
C)  budgeted activity divided by budgeted overhead cost. 
D)  total machine hours divided by total labor cost.

Question 16

MRP systems integrate several subsystems.Which subsystem below is not integrated into the MRP system?

Accepted Answer

A)  Production planning 
B)  Production scheduling 
C)  Reporting 
D)  Procurement 
A)  Production planning 
B)  Production scheduling 
C)  Reporting 
D)  Procurement

Question 17

The central feature of the cost accounting application is updating of the production-loading file.

Accepted Answer

A) True 
 B)False

Question 18

In traditional accounting methods,predetermined overhead rates are based on

Accepted Answer

A)  machine hours. 
B)  utilities consumed. 
C)  direct labor hours or direct labor costs. 
D)  depreciable lives of machinery and equipment. 
A)  machine hours. 
B)  utilities consumed. 
C)  direct labor hours or direct labor costs. 
D)  depreciable lives of machinery and equipment.

Question 19

The production planning report that discloses the availability of labor and machine resources is the

Accepted Answer

A)  production schedule. 
B)  sales forecast. 
C)  raw materials status report. 
D)  factor availability report. 
A)  production schedule. 
B)  sales forecast. 
C)  raw materials status report. 
D)  factor availability report.

Question 20

Radio-frequency identification is an automatic identification technology that uses low power radio waves to send and receive data between RFID tags and readers.

Accepted Answer

A) True 
 B)False

The document used by the cost accounting function to establish a WIP record for each job is the

A manufacturing company wants to know the optimal amount to order of part number 45612.It should gather appropriate inventory information about the part and then calculate the part's

Which of the following is false regarding the standard UPC bar code system?

The department that receives copies of materials requisitions from both the inventory control function and the production department is

Automated drafting software is part of a CAM system.

GTIN is an identifier used to look up product information in

A document that details the resources available in stock for use in production is the report.

Control over inventory includes

A document detailing the work completed on individual orders as they move through the manufacturing process is the report.

World Voice is a long-distance telephone service provider that is in the process of overhauling its fixed-asset applications system. Required: Identify the individual data items that should be included in the database for each of the company's fixed assets.

GTIN is the Global Trade Item Number which is an identifier for trade items developed by GS1.

in RFID eliminate the need for direct line of sight to the RFID tag.

Which of the following is a common benefit of UPC standardization?

A production system in which parts are produced only as they are required in a subsequent operation is known as

The predetermined overhead application rate is computed as

MRP systems integrate several subsystems.Which subsystem below is not integrated into the MRP system?

The central feature of the cost accounting application is updating of the production-loading file.

In traditional accounting methods,predetermined overhead rates are based on

The production planning report that discloses the availability of labor and machine resources is the

Radio-frequency identification is an automatic identification technology that uses low power radio waves to send and receive data between RFID tags and readers.

Accounting Information Systems: An Overview

Systems Techniques and Documentation

Ebusiness and Ecommerce

Transaction Processing and the Internal Control Process

Fraud Examination and Fraud Management

Information Systems Security

Electronic Data Processing Systems

Revenue Cycle Processes

Procurement and Human Resources Business Processes

Systems Planning, analysis, and Design

Systems Project Management, implementation, operation, control

Data Management Concepts

Auditing Information Technology

Filters

Exam 10: The Production Business Process

The document used by the cost accounting function to establish a WIP record for each job is the

A manufacturing company wants to know the optimal amount to order of part number 45612.It should gather appropriate inventory information about the part and then calculate the part's

Which of the following is false regarding the standard UPC bar code system?

The department that receives copies of materials requisitions from both the inventory control function and the production department is

Automated drafting software is part of a CAM system.

GTIN is an identifier used to look up product information in

A document that details the resources available in stock for use in production is the ________ ________ report.

Control over inventory includes

A document detailing the work completed on individual orders as they move through the manufacturing process is the ________ ________ report.

World Voice is a long-distance telephone service provider that is in the process of overhauling its fixed-asset applications system. Required: Identify the individual data items that should be included in the database for each of the company's fixed assets.

GTIN is the Global Trade Item Number which is an identifier for trade items developed by GS1.

________ ________ in RFID eliminate the need for direct line of sight to the RFID tag.

Which of the following is a common benefit of UPC standardization?

A production system in which parts are produced only as they are required in a subsequent operation is known as

The predetermined overhead application rate is computed as

MRP systems integrate several subsystems.Which subsystem below is not integrated into the MRP system?

The central feature of the cost accounting application is updating of the production-loading file.

In traditional accounting methods,predetermined overhead rates are based on

The production planning report that discloses the availability of labor and machine resources is the

Radio-frequency identification is an automatic identification technology that uses low power radio waves to send and receive data between RFID tags and readers.

Accounting Information Systems: An Overview

Systems Techniques and Documentation

Ebusiness and Ecommerce

Transaction Processing and the Internal Control Process

Fraud Examination and Fraud Management

Information Systems Security

Electronic Data Processing Systems

Revenue Cycle Processes

Procurement and Human Resources Business Processes

Systems Planning, analysis, and Design

Systems Project Management, implementation, operation, control

Data Management Concepts

Auditing Information Technology

Filters

A document that details the resources available in stock for use in production is the report.

A document detailing the work completed on individual orders as they move through the manufacturing process is the report.

in RFID eliminate the need for direct line of sight to the RFID tag.