Question Types

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Question Limit

of 8 available terms

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3 Written Questions

3 Multiple Choice Questions

  1. restricted physical access to work-in-process and finished goods inventories and to fixed assets; documenting all materials movements; identification and tracking of all fixed assets; periodic counts of inventory and fixed assets; proper documentation and review of all transactions involving disposal of fixed assets; adequate insurance
  2. review and approval of fixed-asset transactions; budgetary controls
  3. improved information about effects of product design changes on total costs; detailed data about warranty and repair costs

2 True/False Questions

  1. inaccurate cost datadata entry and processing controls; use of bar-code and RFID technology where feasible; periodic reconciliation of records with physical counts


  2. over- or under-productionaccurate production planning system; proper approval of production orders


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