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Accounting Information Systems Study Set 3
Quiz 15: Integrated Production Processes IPP
Path 4
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Question 21
True/False
The process of exploding the BOM involves extending a BOM to determine the total of each component required to manufacture a given quantity of an upper-level assembly or subassembly
Question 22
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 23
Multiple Choice
Which of the following is not one key characteristics of companies that are successful at managing the pressures resulting from global complexity according to the Deloitte Touche report?
Question 24
True/False
The final move ticket data marks the end of the conversion process and the movement of goods to the finished goods warehouse.
Question 25
Multiple Choice
Designing new and creative products and getting them to market quickly is an example of:
Question 26
True/False
A bill of material contains the standard material quantities that are required to produce one unit of end product.
Question 27
True/False
Computer-aided manufacturing (CAM) 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.
Question 28
True/False
The financial accounting system is concerned with the flow of costs through the factory.
Question 29
True/False
The shop floor control process is devoted to monitoring and recording the status of manufacturing orders as they proceed through the factory.
Question 30
True/False
Available to promise planning is the accumulation of data on current inventories, sales commitments, planned production and excess production capacity or other planned production capacity that could be quickly converted to production of the desired finished goods necessary to fulfill a sales order request.
Question 31
True/False
Capable to promise planning is the accumulation of the data on current inventories, sales commitments, and planned production to determine whether the production of finished goods will be sufficient to commit to additional sales orders.
Question 32
Multiple Choice
Which of the following is not one of the key drivers of complexity in manufacturing operations in the new millennium according to the Deloitte Touche survey?
Question 33
Multiple Choice
Which of the following is impacted heavily by flexible costing, ABC, shifting the cost structure more towards variable costs, and reducing direct labor costs?
Question 34
True/False
An automated storage and retrieval system (AS/RS) is a computer-controlled machine that stores and retrieves parts and tools.
Question 35
True/False
The material, labor, and machine requirements for each job are reflected in a manufacturing order.
Question 36
True/False
Variance analysis is the process of comparing actual information about input costs and usage to standards.
Question 37
True/False
The process of exploding the BOM results in a master production schedule.
Question 38
True/False
A step master shows the necessary steps and the time to complete each operation to produce a product.
Question 39
True/False
Computer-aided process planning (CAPP) is an automated decision support system that generates manufacturing operations instructions and routings based on information about machining requirements and machine capabilities.