Liz Claiborne, Inc

question 208

Multiple Choice

Liz Claiborne, Inc. has a system that combines the use of computers to aid in the development of products and the use of computers to plan and control manufacturing processes. What is this combined system called?

• A) Computer-aided design
• B) Computer-integrated manufacturing
• C) Flexible marketing
• D) Computer-aided manufacturing
• E) Computer robotics

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Definitions:

Accountant & Taxes

Pertains to the work of keeping financial records, preparing tax returns, and advising on tax liabilities.

Cash Basis Accounting

An accounting method in which revenues and expenses are recorded only when cash is received or paid out, not when the transaction occurs.

Goods

Physical items that are produced or purchased for sale.

Services

Intangible products such as expertise, assistance, or access to resources provided by businesses or professionals.