Accounting is categorized supporting process in managing operations of any organization as a O a. True O b. False
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Q: Raw materials data is used in procurement and fulfilment processes. O True O False
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A: A data model is a model used to organize the elements of the conceptual data and assign…
Q: A process where goods are manufactured according to confirmed orders: Select one: a. Demand push b.…
A: A process where goods are manufactured according to confirmed orders:
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A: “Hi and thanks for your question as you have asked for multiple questions at the same time we will…
Q: Which of the following statement is relevant to services? a. Services can be measured b. Services…
A: Services are intangible cannot be touched, stored and perished.
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A: Customer is the life blood of every organization. If customers are there, then business survives.…
Q: _______ Services differ from the production of manufactured goods in all ways except that services…
A: Services- The intangible, non-physical parts of an economy that are opposed to goods that could be…
Q: The XYZ Company uses 175 handles per day. The company operates 300 days per year. It costs $2.00…
A: The XYZ Company uses 175 handles per day. The company operates 300 days per year. It costs $2.00 to…
Q: If the cost of goods manufactured is higher than the cost of goods sold, which of the following is…
A: For cost of goods manufactured to be higher than cost of goods sold, the beginning inventory of…
Q: An intermittent processing can take the form of mass production. O a. FALSE O b. TRUE
A: NOTE: WE ARE ONLY ALLOWED TO DO ONE QUESTION AT A TIME, PLEASE POST OTHER QUESTIONS AGAIN TO GET…
Q: Explain the following with example. If diagram required mention it for better understanding…
A: Accounting controls consist of the methods and procedures that are implemented by a firm to help…
Q: , how often will the production process operate, and what is the length of a production run?
A: Length of production run 11 m.
Q: Which of the following is the difference between Manufacturing operations Vs. Service operations? a.…
A: Manufacturing is the process of producing finished products using raw materials and resources for…
Q: Quick Response is generally referred to as O a. Quick forecasting of demand O b. Quick Order…
A: Quick Order entry
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A: All hospitals, healthcare systems are identified for treating patients and saving lives and each…
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A: "Since you have asked multiple questions we will solve the first question for you. If you want any…
Q: All the following types of Audits except......... a. Information System b. technological…
A: Audit - It is about to check the financial statements which are related with the business. It is a…
Q: Compare and contrast the concepts of order-to-cash cycle time and order cycle time.
A: order-to-cash cycle time and order cycle time
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A: In a production system, the receiving activity is responsible for receiving, storing, and monitoring…
Q: What is the MOST IMPORTANT operational feature of a DBMS? A. its ability to merge data B. its…
A: B. its ability to select, combine and project set of chosen data
Q: Schlarbaum Corporation's management keeps track During of the time it takes to process Orders. the…
A: Note- Hi! Thank you for the question, As per the honour code, we are allowed to answer three…
Q: If I have available inventory, I should accept whatever paying customer comes along. Select one:…
A: provider is an individual or business that gives an item or administration to another element. The…
Q: What are the problems related to firms’ departments like production, accounts, and sales?
A: Problems: Departments/Functions are very important for every business and it helps to…
Q: What’s the difference between a good and a service, defined as the main commodity products of an…
A: GOODS: 1. Goods are the materials that can be seen, touched, and are ready for sale to the…
Q: snip
A: a. D= 14,600 wooden slats per year N= 5 times n= 365 days Quanity=Demandset up size per…
Q: Specialisation is necessitated by the logical grouping of activities, which belong together, which…
A: True
Q: Inventory on a company's balance sheet i
A: Answer : D
Q: management, a "batch" refers OA. The size of an order in response to economies of sca O B. The size…
A: When considering inventory management batch refers to (E) the size of an order in response to the…
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A: Planning planning is the capacity of management that includes setting goals and deciding a game-plan…
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A: . Delivery cycle time = Wait time + Throughput time Throughput time = Process time + Inspection time…
Q: Audits are often utilized in situations where they are not required by law. True O False
A: Audit is referred as the examination of financial accounts and books for the purpose of verifying…
Q: Raw materials are the goods and services which helps in the production process. True/False
A: The production process is the process in which raw materials and resources are converted into…
Q: Which of the following type of inventory can be used to describe the "Cleaning materials" used in an…
A: Inventories can be of different types such as raw materials, unfinished products, or finished goods.
Q: Operations Management Which of the following statements is FALSE? a. Higher product variety makes it…
A: Stock keeping unit are unique identifiers for the products which would make it easier to track the…
Q: The number of times during an operating period that the average inventory was sold. O a. inventory…
A: In general terms, the operating period refers to the time taken to convert the raw materials into…
Q: Solve the problem and indicate your Department A can produce parts at a rate of 50/day.…
A: Inventory is the stock, items, and raw material that the company stores in the warehouse to use in…
Q: The lead-time is the time:(A) To place holders for materials(B) Time of receiving materials(C) Time…
A: Time-based competition is the showing of the power of time management, and how it can be used to…
Q: Advantage of processes followed by formal lending organisations are O a. It indicates how the…
A: Option D ( The process minimizes the risk of non-payment )
Q: A business focusing on increasing the efficiency of its operations is more directly addressing: a.…
A: the answer is option(b)
Q: In a repetitive processing system, it generally requires less skilled workers than a batch…
A: Continuous processing system us the best way to produce output.
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- Which report accounting method shows an overview of the money received and spent for a specific period? A. Hybrid basis B. Accrual basis C. Modified basis D. Cash basisManagement accounting information systems has three broad objectives. Which of the following is NOT one of the objectives? a. Provide information for the functions of management b. Provide information for management decision making c. Provide information for external decision making d. Provides information for costing services and products of interest to managersWhich among the following is a tool of management accounting? a. Budgeting b. Risk analysis c. Responsibility accounting d. All the options listed fast
- The following are the benefits of financial module except: Select one: a. Automate financial and managerial accounting and financial supply chain management b. Provide rigorous support for financial reporting and such corporate governance mandates c. Gain deeper financial insight across the enterprise and tighten control of finances d. Ensure compliance and predictability of business vision.The definition 'Management accounting is concerned with accounting information that is useful to management.' is given by: Select one: a. Institute of Chartered Accountants of England O b. The Chartered Institute of Management Accountants (CIMA) O c. Robert Anthony O d. Institute of Management Accountants (IMA)34) Which of the following is the operational objective of financial management? a. All b. Timely payment of taxes c. Profit Maximization d. Growth of the enterprise
- This document is used primarily by owners/investors to verify the financial health of the organization. Uniform System of Accounts Balance Sheet Production Control Sheet Income StatementThe debtors inventories and bills receivable get converted into cash within one operating cycle of business is known as: a. Quick assets b. Fixed assets c. Intangible assets d. Current assets27) A company’s corporate office has to decide between investing capital in a given business as it in a high growth industry or divesting that business given its current low market share. The company business is represented by which of the following? a) A star b) A question mark c) A cash cow d A dog
- using ArcGIS business analytics how would a void analysis be useful when you're approaching a bank for a loan________ gathers, summarizes, and reports on the financial impact of changes to business operations. Managerial accounting Planning Directing ControllingThe board of directors is typically responsible for O managing day-to-day operations O approving strategic goals and plans maintaining and controlling the firm's daily cash balances O arranging finance for approved long-term investments
