A Planning Report Is a ______ of the MRP Process

question 92

Multiple Choice

A planning report is a ______ of the MRP process.

• A)primary output
• B)secondary output
• C)primary input
• D)secondary input

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Definitions:

Accumulated Depreciation

The total depreciation for a fixed asset that has been charged to expense since that asset was acquired and made available for use.

Cash Price

The price of an item for immediate payment, as opposed to a higher price when paying on credit.

Productivity

A measure of efficiency, typically defined as the output of goods or services produced per unit of input, such as labor or capital.

Salvage Value

The forecasted remaining worth of an asset after its period of functionality has ended.