Sam is an engineer who is using his computer to examine designs for function and stress and to try out variations of the design without the cost of having to build a model. He is using:
a. computer-aided manufacturing (CAM)
b. computer-aided engineering (CAE)
c. a flexible manufacturing system (FMS)
d. materials resources planning (MRPII)
e. enterprise resource planning (ERP)
b. computer-aided engineering (CAE)
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In the liquidating process, any uncollected cash becomes a loss to the partnership and is divided among the remaining partners' capital balances based on their income-sharing ratio
a. True b. False Indicate whether the statement is true or false
Assume that there is a decline in inventory value in one period, then there is a reversal of value to the original or higher value and a later period. Which of the following statements about recognition of the loss is true?
A) The decline in inventory value and related loss should be recognized in the first period and reversed in the second period in all situations. B) The decline in inventory value and related loss should be recognized in the first period and reversed in the second period but only if the second period is within the same fiscal year. C) The decline in inventory value and related loss should be recognized in the first period and reversed in the second period but only if the second period is within a different fiscal year. D) The decline in inventory value and related loss should never be recognized.
Systems development represents 80 to 90 percent of the total cost of a computer system
Indicate whether the statement is true or false
________ is the assignment of a code to represent a specific response to a specific question along with the data record and column position that code will occupy
A) Coding B) Data cleaning C) Assignment of missing values D) Editing