Question 1

Data is required from which of the following to build a production data file?

Accepted Answer

A)  Materials requisition data 
B)  Goods receipt data 
C)  RTG data 
D)  Materials requisition and RTG data are both required. 
A)  Materials requisition data 
B)  Goods receipt data 
C)  RTG data 
D)  Materials requisition and RTG data are both required.

Question 2

________ ________ is a concept based on the idea that inventory is a waste.

Accepted Answer

The answer of ________ ________ is a concept based on...

Question 3

The bill of material module in the MRP II system is used to communicate the structure of a product,as it is in MRP.The MRP II system extends this module's capability to include

Accepted Answer

A)  maintenance of engineering or product drawings from a CADD system. 
B)  the sequence of operations required to manufacture a component or assembly. 
C)  maintaining the assembly schedules for specific configurations. 
D)  creating a packet that contains order, material list, routing, and drawing information. 
A)  maintenance of engineering or product drawings from a CADD system. 
B)  the sequence of operations required to manufacture a component or assembly. 
C)  maintaining the assembly schedules for specific configurations. 
D)  creating a packet that contains order, material list, routing, and drawing information.

Question 4

Which of the following occurs when a manufacturing facility uses statistical process control?

Accepted Answer

A)  A plan is developed to describe the routing of each production process. 
B)  Production processes can be quickly reconfigured. 
C)  Process outputs are compared to engineering specifications. 
D)  A programmable device moves material, parts, tools, or specialized devices to perform tasks. 
A)  A plan is developed to describe the routing of each production process. 
B)  Production processes can be quickly reconfigured. 
C)  Process outputs are compared to engineering specifications. 
D)  A programmable device moves material, parts, tools, or specialized devices to perform tasks.

Question 5

Match between columns
                        Premises:  RTGs
 Job costing
 Reorder point
 Economic order quantity (EOQ)
 Just-in-time production
 Computer-integrated manufacturing
 Flexible manufacturing system (FMS)
 Finite element analysis
 Job
 Fixed asset register

Accepted Answer

The Answer of A synonym for production order and Documents is...

Question 6

Which of the following is a way to identify cost drivers for activity-based costing?

Accepted Answer

A)  Analytical review 
B)  Time-in-process measures 
C)  Volume measures 
D)  Regression analysis 
A)  Analytical review 
B)  Time-in-process measures 
C)  Volume measures 
D)  Regression analysis

Question 7

In a production planning system,output from the production planning program includes which of the following?

Accepted Answer

A)  Production loading file 
B)  Routings 
C)  Completed production order file 
D)  Finished goods stock status report 
A)  Production loading file 
B)  Routings 
C)  Completed production order file 
D)  Finished goods stock status report

Question 8

The general formula for calculating the inventory reorder point is

Accepted Answer

A)  average inventory usage rate multiplied by lead time. 
B)  economic order quantity less average inventory usage rate. 
C)  lead time multiplied by economic order quantity. 
D)  lead time multiplied by average inventory turnover rate. 
A)  average inventory usage rate multiplied by lead time. 
B)  economic order quantity less average inventory usage rate. 
C)  lead time multiplied by economic order quantity. 
D)  lead time multiplied by average inventory turnover rate.

Question 9

Which of the following is a common consequence of implementing JIT in an MRP II/CIM environment?

Accepted Answer

A)  Increase in setup costs 
B)  Reduction in the size of each production lot 
C)  Longer lead time needed to schedule production 
D)  Increase in buffer stocks of raw materials 
A)  Increase in setup costs 
B)  Reduction in the size of each production lot 
C)  Longer lead time needed to schedule production 
D)  Increase in buffer stocks of raw materials

Question 10

Presented below is a list of terms relating to accounting information systems,followed by definitions of those terms.
Required: Match the letter next to each definition with the appropriate term.Each answer will be used only once.
________ 1.Advanced integration technologies (AIT)
________ 2.Bill of materials
________ 3.Solids modeling
________ 4.Job time cards
________ 5.Cost driver
________ 6.Vendor-based coding
________ 7.Process costing
________ 8.EOQ
________ 9.Routings
________ 10.Inventory status report
A.Lists the raw materials that are necessary to produce a product
B.The optimum order amount that minimizes total inventory cost
C.Consists of EDI,automatic identification,and distributed processing
D.An element that influences the total cost of an activity
E.A summary that details the resources available in inventory
F.Used to document the amount of labor time that is spent working on each production project
G.The mathematical representation of a part as a solid object in computer memory
H.Having a purchaser (i.e.,retailer)utilize a vendor's product codes as its own product codes for the same products
I.Production costs are compiled by department rather than by job
J.Documents that indicate the sequence of operations required to manufacture a product

Accepted Answer

1.C,2.A,3.

Data is required from which of the following to build a production data file?

is a concept based on the idea that inventory is a waste.

The bill of material module in the MRP II system is used to communicate the structure of a product,as it is in MRP.The MRP II system extends this module's capability to include

Which of the following occurs when a manufacturing facility uses statistical process control?

Which of the following is a way to identify cost drivers for activity-based costing?

In a production planning system,output from the production planning program includes which of the following?

The general formula for calculating the inventory reorder point is

Which of the following is a common consequence of implementing JIT in an MRP II/CIM environment?

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

Data is required from which of the following to build a production data file?

________ ________ is a concept based on the idea that inventory is a waste.

The bill of material module in the MRP II system is used to communicate the structure of a product,as it is in MRP.The MRP II system extends this module's capability to include

Which of the following occurs when a manufacturing facility uses statistical process control?

Which of the following is a way to identify cost drivers for activity-based costing?

In a production planning system,output from the production planning program includes which of the following?

The general formula for calculating the inventory reorder point is

Which of the following is a common consequence of implementing JIT in an MRP II/CIM environment?

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

is a concept based on the idea that inventory is a waste.