Which of the Following Is Not Usually Necessary in Order

question 24

Multiple Choice

Which of the following is not usually necessary in order to have an effective MRP system?

• A)a computer and software
• B)an accurate bill of materials
• C)lot-for-lot ordering
• D)an up-to-date master schedule
• E)integrity of file data

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Definitions:

Modified AGI

An adjusted gross income figure used for specific tax calculations, modified by adding back certain deductions and exclusions.

Self-employment Tax

The tax self-employed individuals must pay to cover their Social Security and Medicare obligations.

Gross Earnings

The total amount of money an individual earns before any deductions or taxes are applied.

Employment Test

A criterion or series of criteria used to determine the status of individuals as employees or independent contractors for tax and legal purposes.