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NEW QUESTION: 1
Which of the following inventory management approaches orders at the point where carrying costs equate
nearest to restocking costs in order to minimize total inventory cost?
A. Just-in-time.
B. Economic order quantity.
C. Materials requirements planning.
D. ABC.
Answer: B
Explanation:
Choice "a" is correct. The economic order quantity (EOQ) method of inventory control anticipates orders
at the point where carrying costs are nearest to restocking costs. The objective of EOQ is to minimize total
inventory costs. The formula for EOQ is:

Choice "b" is incorrect. Just in time (JIT) inventory models were developed to reduce the lag time between
inventory arrival and inventory use. Choice "c" is incorrect. Materials requirements planning (MRP) is a
method of determining inventory requirements when a given number of units is needed. The method is
used to create precise schedules of which items will be needed and what times they will be needed.
Choice "d" is incorrect. ABC is an acronym for Activity Based Costing, a method of cost assignment that
identifies value added activities and related cost drivers. It is not an inventory management approach.

NEW QUESTION: 2
Welches der folgenden Verfahren ist ein analytisches Überprüfungsverfahren für ein Lohn- und Gehaltsabrechnungssystem?
A. Durchführung von Angemessenheitstests durch Multiplikation der Anzahl der Mitarbeiter mit dem Durchschnittslohn
B. Durchführen von Penetrationsversuchen im Abrechnungssystem
C. Teststunden auf Arbeitszeitnachweisen
D. Bewertung der Leistung des Lohn- und Gehaltsabrechnungssystems mithilfe einer Benchmarking-Software
Answer: A

NEW QUESTION: 3
The Billing manager has navigated to the Billing Work Area to complete a transaction. The Incomplete transactions Overview Region on the Billing Work Area page has a drilldown option through which column to complete the transaction?
A. transaction Source
B. Transaction Date
C. Transaction Class
D. Transaction Number
Answer: D