Alpha Electronics Assembles Different Parts to Make Standardized Laptops

question 12

Multiple Choice

Alpha Electronics assembles different parts to make standardized laptops. Alpha Electronics uses _____ technology.

• A) job rotation
• B) mass-production
• C) unit
• D) continuous-process
• E) small-batch

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Definitions:

Perpetual System

A system for managing inventory accounts that instantly logs inventory sales or acquisitions using computerized point-of-sale systems and software for enterprise asset management.

Ending Inventory

Ending inventory is the total value of goods available for sale at the end of an accounting period, calculated as beginning inventory plus purchases minus cost of goods sold.

Current Assets

Items of value that are likely to be cashed in, sold off, or used up within a twelve-month period or during the standard operational cycle of a company.

Gross Profit

The financial metric representing the difference between revenues and the cost of goods sold, indicating the basic profitability of a company's core operations.