Test Bank for Corporate Financial Accounting 17th Edition By Carl Warren, Jeff Jones, William Tayler (All Chapters, 100 Original Verified, A+ Grade) (1)

TESTBANKNURS ONFINANCIAL ACCO
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UNTINGALLCHAPTERSCOVEREDEXAM
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2024WITHA+GRADED QUESTIONSBYE
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XPERTS |REALTEST!!! t t t




MultipletChoicetQuestions




1. Whytistoperationstmanagementtatmoretencompassingttermtthantproductiontma
nagement?
A. Operationstmanagementtistconcernedtwithtmultipletproductstandtservices
B. Operationstmanagementtrefersttotservicetastwelltastmanufacturingtorganizations
C. OperationstmanagementtistbroadertincludingtthetfinancingtandtmarketingtfunctionstD.tOp
erationstmanagementtmakestusetoftthettoolstoftquantitativetanalysistandtcomputertsystems



Difficulty:tModerate




2. Whichtoftthetfollowingtfunctionstistresponsibletfortthetactualtmovementtoftgoodstand
/ortservicestacrosstorganizations?
A. Logistics
B. Operations
C. Purchasing
D. Nonetoftthese



Difficulty:tEasy




1-1

,Chaptert01t-tThetOperationstFunction


3. Approximately,twhattpercentagetoftthetAmericantworkforcetworkstintservicetind
ustries?
A. 20%
B. 40%
C. 80%
D. 90%



Difficulty:tModerate


4. Thetfourtdecisiontareastintoperationstmanagementtare:
A. Planning,ttechnology,tinventory,tandtcontrol
B. Process,tquality,tcapacity,tandtinventory
C. Process,tquality,ttechnology,tandtcapacity
D. Nonetoftthese



Difficulty:tEasy




5. Atproductivetsystemstapproach:
A. Viewstoperationstastatseparatetorganizationaltfunction
B. Musttprovidetfeedbacktinformationtfortcontroltoftprocesstinputstandttechnology
C. Istoftlimitedtusetintservicetorganizations
D. Disregardsthumantandtsocialtconcerns



Difficulty:tHard




6. Capacitytdecisions:
A. Includetstaffingtandtscheduling
B. Includetinventorytcontrol
C. Includetdefiningtproducttspecifications
D. Nonetoftthese



Difficulty:tModerate

,7. Inventorytdecisionstinvolve:
A. Determiningtwhatttotorder,thowtmuchttotorder,tandtwhenttotorder
B. Trackingtthetflowtoftmaterials
C. Managingtthetfinishedtgoodstinventories
D. Alltoftthese



Difficulty:tEasy


8. Thetcontemporarytoperationstthemestsignifytthat:
A. Moretemphasistshouldtbetplacedtontmanufacturingtthantontservicetindustries
B. Everytoperationtshouldtbetexternallytdirectedttotmeettthetcustomers'trequirements
C. Operationstdecisionstshouldtprecedetdecisionstintothertfunctionstintantorganization
D. Totbetcompetitive,tstrategiestfortoperationstshouldtexcludetbroadertsupplytchaintissues



Difficulty:tHard




9. Thetessencetoftoperationstmanagementtcantbetdescribedtby:
A. Process,tcapacity,tandtpeople
B. Decisions,tfunction,tandtprocess
C. Planning,tcontrol,tandtorganization
D. Integratedtplanningtandtcontrol



Difficulty:tModerate




10. Whichtoftthetfollowingtistnottatcontemporarytthemetintoperations?
A. GlobalizationtoftOperations
B. LeantOperations
C. QualitytTeams
D. EnvironmentaltConcernstandtSustainability




1-3

, Chaptert01t-tThetOperationstFunction

Difficulty:tHard




11. Thetthreetprimarytfunctionstthattexisttintmosttbusinesstorganizationstare:
A. Operations,taccounting,tandtfinance
B. Operations,tproduction,tandtfinance
C. Production,tmarketing,tandthumantresources
D. Operations,tfinance,tandtmarketing



Difficulty:tModerate


12. Thetthreetmajortfunctionstoftbusinesstorganizations:
A. Aretmutuallytexclusive
B. Functiontindependentlytofteachtother
C. Interfacetwithteachtother
D. Dotnottinterfacetwithteachtother



Difficulty:tEasy




13. Whichtonetoftthetfollowingtwouldtnottgenerallytbetclassifiedtastantinputtintatuniv
ersitytsystem?
A. Staff
B. Facilities
C. Knowledge
D. Research



Difficulty:tHard




14. Thetfourtmajortdecisiontresponsibilitiestoftoperationstmanagementtare:
A. Process,tquality,tcapacity,tandthumantresources
B. Process,tquality,thumantresources,tandtinventory
C. Quality,tinventory,thumantresources,tandtcapacity
D. Process,tcapacity,tquality,tandtinventory