A Computer-Based Information System Designed to Handle Ordering and Scheduling

question 87

Multiple Choice

A computer-based information system designed to handle ordering and scheduling of dependent-demand inventories is:

• A) computer-aided manufacturing.
• B) computer-integrated manufacturing.
• C) economic order quantity.
• D) material requirements planning.
• E) economic run size.

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Definitions:

Accounting Purposes

The rationale or objective behind financial record-keeping and reporting activities.

Tax Purposes

Refers to considerations or actions taken to comply with tax laws and regulations, often aiming to optimize tax efficiency.

Consolidated Tax Return

A single tax return filed by a parent company and its subsidiaries, treating them as one taxpayer for tax purposes.

Intra-entity Transfers

Transactions occurring between two divisions within the same company.