This Software Allows Engineers to Work with Advanced Graphics at Electronic

question 80

Multiple Choice

This software allows engineers to work with advanced graphics at electronic work stations to create 3-D models that depict the production environment.

• A)Computer-integrated manufacturing systems (CIMs)
• B)Computer-aided design (CAD)
• C)Material resource planning (MRP)
• D)Computer-aided manufacturing (CAM)

---

Definitions:

Double-Declining-Balance Depreciation

A method of accelerated depreciation in which an asset's book value is reduced at double the rate of its straight-line depreciation.

Retrospective Approach

The retrospective approach in accounting involves restating past financial statements as if a new accounting policy had been in effect in those periods, to provide consistency in financial reporting.

Depreciation Rate

The percentage or method used annually to allocate the cost of a tangible asset over its useful life, reflecting its consumption, wear and tear, or obsolescence.

Salvage Value

The estimated residual value of an asset after the asset has reached the end of its useful life.