Which of the Following Is Included in an MRP II

question 69

Multiple Choice

Which of the following is included in an MRP II system but not in an MRP system?

• A)Capacity planning
• B)Inventory records
• C)Accounting systems
• D)Bill of materials
• E)Master schedules

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Definitions:

Legal Fees Revenue

Income derived from fees charged for legal services provided.

General Journal

The general journal is a primary accounting record used to enter all transactions through debits and credits, serving as the initial point of data entry.

Accounts Receivable

Represents money owed to a company by its customers for goods or services that have been delivered but not yet paid for.

Accounts Payable

Liabilities of a business that are due to be paid to creditors within a short period, usually one year.