The management accountant aids in MRP by
A)doing journal entries as requested.
B)preparing plant appropriation requests.
C)maintaining accurate records of inventory and its costs.
D)contacting vendors to make sure they can deliver the materials in time.
E)calculating EOQ

Question

Quizplus · Accepted Answer

Maintaining accurate records of inventory and its costs is crucial for MRP as it helps in determining the quantity and timing of materials needed for production. The management accountant's role in this process is to ensure that the inventory records are up-to-date and accurate, which in turn helps in effective production planning and scheduling. While the other options may be relevant to accounting and production planning, they are not directly related to the MRP process.

The Management Accountant Aids in MRP by