Which of the following is considered a secondary report in an MRP system?
A. Exceptions reports
B. Engineering change reports
C. Inventory record
D. Firm orders from known customers
E. Planned order schedule
Answer: A
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The ________ is used as a measure of the strength of association in the special case of a table with two rows and two columns (a 2 × 2 table)
A) contingency coefficient B) Cramer's V C) phi coefficient D) chi-square coefficient
On a bank reconciliation, outstanding checks are deducted from the balance per books
Indicate whether the statement is true or false
Budget slack is a condition in which
a. Managers grant favored employees additional time off. b. There is an intentional overestimation of expenses. c. Demand is low at various times during the year. d. Excess machine capacity exists in some areas of the plant.
Bridget's Gifts, a greetings and gifts store in Janville, has four departments: flowers and soft toys, cards and e-cards, metal collectibles, and photo albums and scrapbooks. These departments are responsible for producing their own products. This scenario is an example of _____.
A) matrix departmentalization B) functional departmentalization C) product departmentalization D) customer departmentalization