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Accounting Information Systems Study Set 1
Exam 15: Integrated Production Processes IPP
Path 4
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Question 61
Multiple Choice
Which of the following specifies the operations necessary to complete a subassembly or finished good and the sequence of operations?
Question 62
Matching
TB Figure 15.5 displays a Level 0 DFD - Cost Accounting: Variance Analysis. Match the items in the following alphabetical list to in the diagram.
Premises:
Responses:
Budgets master data
Compute RM quantity variance
DL variances report
DL variances report
General ledger process
Inventory process
Premises:
Budgets master data
DL variances report
General ledger process
Responses:
Compute RM quantity variance
DL variances report
Inventory process
Question 63
Matching
Match the definitions with the correct term.
Premises:
Responses:
A listing of all the subassemblies, parts, and raw materials that go into a parent assembly showing the quantity of each that is required to make an assembly.
Throughput time
Specifies the operations necessary to complete a subassembly or finished good and the sequence of these operations.
Pull manufacturing
The time it takes from when authorization is made for goods to be produced to when the goods are completed.
Parts master
Premises:
A listing of all the subassemblies, parts, and raw materials that go into a parent assembly showing the quantity of each that is required to make an assembly.
Specifies the operations necessary to complete a subassembly or finished good and the sequence of these operations.
The time it takes from when authorization is made for goods to be produced to when the goods are completed.
Responses:
Throughput time
Pull manufacturing
Parts master
Question 64
Multiple Choice
The implementation features of just-in-time (JIT) manufacturing typically include all of the following except:
Question 65
Short Answer
______________________________ is the process of comparing actual information about input costs and usage to standards.
Question 66
True/False
JIT is a manufacturing philosophy or business strategy for designing production processes that are more responsive to precisely timed customer delivery requirements.
Question 67
Multiple Choice
Materials requirements planning (mrp) normally would use all of the following inputs except:
Question 68
Multiple Choice
Which of the following lists the detailed specifications for each raw materials item?
Question 69
Short Answer
______________________________ tags can be attached to inventory items to track their movement throughout the warehouse and even through the entire supply chain.
Question 70
True/False
Purchase orders convey authority for the manufacture of a specified product or subassembly in specified quantity and describe the material, labor, and machine requirements for the job.
Question 71
Multiple Choice
Inventory process controls to protect inventory assets include:
Question 72
Short Answer
______________________________ are ERP modules or enterprise systems add-ons that organize data by product, including designs, manufacturing specifications, quality, and warranty performance.
Question 73
True/False
An assembly line manufacturing system is a highly automated computer integrated manufacturing system that has its goal of achieving the ability to quickly produce wide varieties of products using the same equipment.
Question 74
Multiple Choice
What conveys authority for the manufacture of a specified product or subassembly in a specified quantity and describe the material, labor, and machine requirements for the job?
Question 75
Multiple Choice
Which is a listing of all the subassemblies, parts, and raw materials that go into a parent assembly showing the quantity of each that is required to make an assembly?
Question 76
True/False
An automated storage and retrieval system (AS/RS) is a computer-based cart system capable of delivering parts and tools among multiple work centers.
Question 77
True/False
Materials requirements planning is a process that uses bills of material, raw material and WIP inventory status data, open order data, and the master production schedule to calculate a time-phased order requirements schedule for materials and subassemblies.
Question 78
Short Answer
______________________________ is the application of computer and communications technology to improve productivity by linking computer numerical control (CNC) machines, monitoring production, and providing automatic feedback to control operations.