A perpetual record of a raw materials item that records data on the quantity and cost of units purchased, units issued for use in production, and units that remain in the raw materials inventory, is called a(n):
A. Materials requisition.
B. Purchase ledger.
C. Purchase order.
D. Materials ledger card.
E. Materials voucher.
Answer: D
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A. statistical process control. B. benchmarking. C. reduced cycle time. D. feedforward control. E. strategic control.
The key phrase that summarizes an advertisement's message is the:
A) leverage point B) product benefit C) tagline D) personal value
When s is used to estimate ?, the margin of error is computed by using the
A. normal distribution. B. t distribution. C. mean of the sample. D. mean of the population.
A sourcing strategy in which two suppliers are used for the same purchased product or service is:
A) cross sourcing. B) dual sourcing. C) contingency sourcing. D) multisourcing.