An Additional Input to an Integrated MRP and JIT System

question 68

Multiple Choice

An additional input to an integrated MRP and JIT system is the ______.

• A)bill of materials file
• B)inventory records
• C)master schedule
• D)bill of operations file

---

Definitions:

Statement Of Financial Position

Another term for a balance sheet, a financial document that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or the operating cycle, whichever is longer.

Long-Term Investments

Investments intended to be held for longer than a year, including stocks, bonds, or real estate, aimed at generating long-term returns.

Office Equipment

Office equipment consists of tangible property like desks, computers, and copiers that are used in an office setting for operations and administrative functions.