Which of the following is an input to the master production schedule (MPS)?
A. Planned order schedules
B. The exception report
C. The aggregate plan
D. The bill of materials
E. Inventory records file
Answer: C
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The PCAOB's standard No. 5 specifically requires auditors to understand transaction flows in designing their test of controls. What steps does this entail?
Identify the ways in which the process of international economic integration has increasingly become more common and accelerated in the last decade or two.
A. The euro was adopted in 2002 within the European Union, establishing a common currency. B. International loans from the World Bank have supported major development projects throughout the world. C. Monetary policies established by the International Monetary Fund have made it increasingly easy for capital to flow between countries. D. International trade agreements such as the General Agreement on Tariffs and Trade (GATT) and the North American Free Trade Agreement (NAFTA) have been established. E. All of the answers are correct. F. None of the answers are correct.
According to the textbook, four new technologies are expected to have impact on marketing. These are:
A. the Internet of Things, five-sense computing, smart grid services, and 3D technologies. B. nanotechnology, autobots, cloud computing, and electric cars. C. neuron technology, lithium batteries, cloud computing, and wireless power. D. crowdsourcing, genomics, QR codes, and smart bio watches. E. biotechnology, smart grid services, natural user interfaces, and social networks.
Chris, a minor, signs a contract to buy alcoholic beverages for Dine & Drink, his parents' restaurant. The contract is
A. valid but may be disaffirmed. B. valid but may not be disaffirmed. C. void as a matter of law. D. void unless it is also signed by Ed, the manager of Dine & Drink.