The Management Accountant Must Design Performance Measures to Evaluate and Control

question 18

Multiple Choice

The management accountant must design performance measures to evaluate and control JIT production.One of the dominant sources of information that the management accountant might use for this would be the personal observations of production line workers and team leaders.Another dominant source of information would be

• A)inventory turnover ratio.
• B)nonfinancial measures of time, inventory and quality.
• C)material cost variances.
• D)number of units sent to scrap/total scrap costs.
• E)total setup time for machines/total number of units started and completed.

Learn professional communication strategies for answering calls and handling messages for others.

Identify effective strategies for managing conflicts within teams.

Recognize the role and management of virtual teams in the workplace.

Understand the impact of individual behavior on team dynamics and performance.

---

Definitions:

Sequencer Instruction

A PLC programming instruction used to execute a series of steps or operations in a sequential manner, often for complex control processes.

Upper Limit

The maximum allowable value or level in a given context, beyond which operation is either not recommended or not possible.

Sequencer Instruction

A programming command used within PLC programming to execute a series of instructions in a predefined order.

Binary Information

Data represented in a binary format, consisting of two possible values, often signified as 0 and 1.