A system that enables plans to be adjusted according to capacity and other requirements by synchronizing material purchase and component production plans with the master schedule and by providing feedback on manufactured items and materials on hand is a ______.
A. closed loop MRP system
B. open loop MRP system
C. closed loop CRP system
D. open loop CRP system
A. closed loop MRP system
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The first federation of industrial unions was known as the ____________________________.
Fill in the blank(s) with the appropriate word(s).
Which of the following is considered a reactive motivation to go international?
(a) Profit advantage (b) Saturated domestic markets (c) Managerial urge (d) Technological advantage
In an efficient market:
A) new information is quickly disseminated. B) an investor cannot consistently beat the market. C) all available information is reflected in stock price. D) all of the above.
Which of the following is least likely to be included in an auditor's inquiry of management while obtaining information to identify the risks of material misstatement due to fraud?
A. Are all financial reporting operations at one location? B. Does it have knowledge of fraud or suspect fraud? C. Does it have programs to mitigate fraud risks? D. Has it reported to the audit committee the nature of the company's internal control?