Personalized Products Is a Small Manufacturing Firm Specializing in Custom-Order

question 321

Multiple Choice

Personalized Products is a small manufacturing firm specializing in custom-order tool and die work. A computerized accounting system would help Personalized Products by

• A) making key accounting and financial decisions.
• B) helping management identify cash flow and other financial difficulties more quickly.
• C) eliminating the need to prepare financial statements and other reports.
• D) eliminating the need to perform the three middle steps of the accounting cycle.

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Definitions:

Synchronous Motor

An AC motor that operates at a speed synchronized with the frequency of the supply current; its rotor speed matches the frequency of the stator's rotating magnetic field.

Induction Motor

An induction motor is a type of electric motor that operates on the principle of electromagnetic induction, where the rotating magnetic field induces current in the rotor.

Squirrel-Cage Induction Motors

A type of induction motor characterized by a rotor design resembling a squirrel cage, widely used due to its simplicity and durability.

Percent Slip

The percent of speed difference between the speed of the rotor and the speed of the rotation magnetic field of a motor.