An Important Data Field Found in a Typical Computer Record

question 98

Multiple Choice

An important data field found in a typical computer record of an inventory file that would be vital to purchasing agents would be the inventory item's:

• A)Inventory number
• B)Assembly code
• C)Vendor code
• D)Assembly pointer address
• The following data apply to items 110-112.The Oxford Corporation has the following eleven master files:
• * Accounts payable * Raw materials inventory
• * Accounts receivable * Sales summary
• * Bill of materials * Vendor history
• * Finished goods inventory * Work in process inventory
• * Open production orders * Operations list (labor operations and
• * Open purchase orders machine requirements for production)

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Definitions:

Consideration

Something of value given by all parties to a contract that induces them to enter into the agreement to exchange mutual performances.

Fraudulent Misrepresentation

False statements made intentionally to deceive, typically leading to harm or loss, and which may be grounds for legal action.

Rescinded

To revoke, cancel, or repeal a law, order, or agreement.

Non Est Factum

A defence that may allow illiterate or infirm persons to avoid liability on a written agreement if they can establish that they were not aware of the true nature of the document, and were not careless in its execution.