Presented Below Is a List of Terms Relating to Accounting

question 85

Short Answer

Presented below is a list of terms relating to accounting information systems,followed by definitions of those terms.
Required: Match the letter next to each definition with the appropriate term.Each answer will be used only once.
________ 1.RTGs
________ 2.Job costing
________ 3.Reorder point
________ 4.Economic order quantity (EOQ)
________ 5.Just-in-time production
________ 6.Computer-integrated manufacturing
________ 7.Flexible manufacturing system (FMS)
________ 8.Finite element analysis
________ 9.Job
________ 10.Fixed asset register
A.A synonym for production order
B.Documents that indicate the sequence of operations required to manufacture a product
C.A system in which items are only produced as they are required in subsequent operations
D.The order quantity that minimizes total inventory cost.
E.A systematic list of assets such as land,buildings,machines,and equipment that is maintained for control purposes
F.A CAM system that incorporates programmable production processes that can be quickly reconfigured to produce different types of products
G.A mathematical model used to determine mechanical characteristics,such as stresses of structures under load
H.Integrates the physical manufacturing system and the manufacturing resource planning (MRP II)systems
I.The level of inventory at which it is desirable to order or produce additional items to avoid an out-of-stock condition
J.Production costs are assigned to production orders

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Definitions:

Rational Consideration

The process of making decisions based on logical inference, facts, and analysis rather than emotions or intuition.

Scientific Management

A management theory that examines and combines different workflows to enhance economic effectiveness and increase workforce productivity.

Supervisory Support

The guidance, assistance, and resources provided by supervisors to help employees achieve job-related goals.

Contingency Theory

A management theory that suggests the most appropriate form of organizational structure or managerial action depends on the specific situational variables.