In a Production Planning System,which of the Following Files Updates

question 84

Multiple Choice

In a production planning system,which of the following files updates the finished goods inventory file?

• A) Completed production order file
• B) Production status file
• C) Production data file
• D) Production loading file

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Definitions:

Annual Interest Rate

The annual interest rate is the percentage charged on a loan or paid on an investment for a one-year period, representing the cost of borrowing or the earnings from an investment.

Net Savings

The amount left after subtracting a person's or organization's total expenses from their total income, often accumulated over time.

Discount Period

The time frame between the beginning of a loan or credit term and the date the full payment is due, during which a discount may be offered for early payment.

Aging Schedule

A report categorizing a company's accounts receivable according to the length of time an invoice has been outstanding, used to determine credit and collection policies.