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

question 7

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 used to plan and report on the resources required for the coming period are:

• A)Bill of materials, open production orders, work in process inventory, operations list
• B)Finished goods inventory, open production orders, open purchase orders, work in process inventory
• C)Finished goods inventory, open purchase orders, raw materials inventory, work in process
• D)Bill of materials, open production orders, vendor history, operations list
• E)Accounts payable, bill of materials, open production orders, raw materials inventory

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Definitions:

Exceeds Expectations

A performance rating that indicates an individual or work has surpassed the set standards or goals.

Retain Customers

Strategies and practices aimed at keeping existing customers engaged and continuing to purchase products or services.

Profitable

Earning more revenue than the cost of goods sold, expenses, and taxes, leading to financial gain.

CRM Process

Customer Relationship Management process; a system for managing a company's interactions with current and potential customers, often utilizing data analysis to study large amounts of information.