An REA Diagram for the Production Cycle Models the Relationships

question 48

Multiple Choice

An REA diagram for the production cycle models the relationships between the Perform Job Operations event and the Job Operations List entity as 1:N because

• A)time standards change over time.
• B)one specific activity has only one standard time for completion.
• C)activities are only performed once on work in process jobs.
• D)many activities are usually required for specific work in process jobs.

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Definitions:

Existing Product

A product that has already been introduced to the market and is available for purchase.

New-product Development

The process of designing, creating, and bringing a new product to market to meet consumer demand or exploit a new opportunity.

Generate Sales

The act of creating revenue through the selling of goods or services to customers.

Defective

Refers to a flaw or imperfection in a product that impairs its usability for the purpose for which it was designed or manufactured.