The Linking of a Broad Range of Manufacturing and Other

question 167

Multiple Choice

The linking of a broad range of manufacturing and other activities through an integrated computer system is referred to as:

• A)automation.
• B)computer-aided design (CAD).
• C)computer-aided manufacturing (CAM).
• D)computer-integrated manufacturing (CIM).
• E)a flexible manufacturing system (FMS).

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Definitions:

Sole Proprietorship

A business structure where a single individual owns, manages, and is responsible for all aspects of the business, including its debts.

Closed Receivership

A legal process where a receiver is appointed to manage the affairs, assets, and liabilities of a distressed or insolvent company until a resolution is found.

Controller

A senior financial officer responsible for overseeing an organization's daily accounting operations.

Capital Expenditures

Capital employed by a business to buy, enhance, and keep up physical properties, including premises, manufacturing facilities, or devices.