Which of the following is an output of MRP?
A. master production schedule
B. rough-cut capacity plan
C. planned order releases
D. bill of materials
C. planned order releases
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In non-manufacturing firms, purchasing decisions are authorized by inventory control
Indicate whether the statement is true or false
An important feature associated with the traditional approach to data management is the ability to produce ad hoc reports
Indicate whether the statement is true or false
Which of the following rules provides that an accountant is liable only for negligence to third parties who are members of a limited class of intended users of the client's financial statements?
A) Section 552 of the Restatement (Second) of Torts B) the foreseeability standard C) the Ultramares doctrine D) due diligence defense
If the contract does not state otherwise, standard goods under a contract for sale to meet the satisfaction of the buyer must:
a. meet the buyer's actual satisfaction, if honest and in good faith, even if unreasonable. b. meet the buyer's actual satisfaction, only if reasonable. c. meet a subjective standard. d. satisfy a reasonable person.