Which of the Following Statements Is True of Computer-Integrated Manufacturing

question 147

Multiple Choice

Which of the following statements is true of computer-integrated manufacturing (CIM) ?

• A) It results when a computer-aided manufacturing software is integrated with an enterprise resource planning software.
• B) It allows firms to produce custom-designed products for individual customers quickly at low costs.
• C) It provides protection against inventory stock-outs and lost sales due to supply disruptions.
• D) It focuses on integrating the flow of information among all aspects of a single organization's operations.

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Definitions:

Liabilities

Financial obligations or debts owed by a business to external parties or entities, which must be settled over time through the transfer of economic benefits.

Revenue

The total amount of money received by a company from its business activities, such as selling goods or services, before any expenses are subtracted.

Debit Balance

Refers to the balance remaining in a financial account where debts or expenses exceed the credits or revenues.

Footing

Footing is the process of summing up the numerical values in an accounting column to determine the total, typically as a preliminary step in the preparation of financial statements.