To Ensure That a Newly Designed Product Moves Smoothly to the Production

question 54

Multiple Choice

To ensure that a newly designed product moves smoothly to the production stage,____ could be used.

• A) JIT
• B) computer-aided design
• C) postaction control
• D) computer-assisted manufacturing
• E) flexible manufacturing systems

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Definitions:

Revenue Expenditure

Expenses incurred during the normal course of business that are expected to be consumed within the current accounting period.

New Equipment

Capital assets recently acquired by a company for use in its operations, potentially enhancing productivity or efficiency.

Building Account

An account used to record the costs associated with the construction or purchase of a building over time, which may include materials, labor, and overhead.

Land Purchased

The act of buying land, which is considered a fixed asset and is recorded on the balance sheet at cost, without depreciation.