The Oxford Corporation Has the Following Eleven Master Files $\quad$

question 70

Multiple Choice

The Oxford Corporation has the following eleven master files:
* Accounts payable $\quad$$\quad$$\quad$ * Raw materials inventory
* Accounts receivable $\quad$ $\quad$ *Sales summary
* Bill of materials $\quad$$\quad$$\quad$$\quad$ * Vendor history
* Finished goods inventory $\quad$ * Work in process inventory
* Open production orders $\quad$$\quad$ * Operations list (labor operations and
* Open purchase orders $\quad$$\quad$ machine requirements for production)



-Master files maintained as part of the sales order processing system are:

• A)Accounts receivable, bill of materials, sales summary
• B)Accounts payable, accounts receivable, finished goods inventory
• C)Accounts receivable, sales summary, operations list
• D)Accounts receivable, finished goods inventory, sales summary
• E)Accounts receivable, sales summary, vendor history

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Definitions:

Life Expectancy

The average period that a person may expect to live, often used as a statistical measure of the health of a population.

Federal Government

The national government of a federated state, which holds the supreme legislative, executive, and judicial power over a country.

Net Income

The total earnings of a company after all expenses and taxes have been deducted from total revenue.

Social Security Administration

The Social Security Administration is a U.S. government agency responsible for administering social insurance programs, including retirement, disability, and survivors' benefits.