Financial accounting and test bankk

TEST BANK NURS ON FINANCIAL ACCOU
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NTINGALLCHAPTERSCOVEREDEXAM 2
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024 WITH A+ GRADED QUESTIONS BY EX
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PERTS | REAL TEST!!! 5 5 5




Multiple5Choice5Questions




1. Why5is5operations5management5a5more5encompassing5term5than5production5
management?
A. Operations5management5is5concerned5with5multiple5products5and5services
B. Operations5management5refers5to5service5as5well5as5manufacturing5organizations
C. Operations5management5is5broader5including5the5financing5and5marketing5functions5D.5
Operations5management5makes5use5of5the5tools5of5quantitative5analysis5and5computer5s
ystems



Difficulty:5Moderate




2. Which5of5the5following5functions5is5responsible5for5the5actual5movement5of5goods5a
nd/or5services5across5organizations?
A. Logistics
B. Operations
C. Purchasing
D. None5of5these



Difficulty:5Easy




1-1

,Chapter5015-5The5Operations5Function


3. Approximately,5what5percentage5of5the5American5workforce5works5in5service5i
ndustries?
A.520%
B.5 40%
C.5 80%
D.590%



Difficulty:5Moderate


4. The5four5decision5areas5in5operations5management5are:
A. Planning,5technology,5inventory,5and5control
B. Process,5quality,5capacity,5and5inventory
C. Process,5quality,5technology,5and5capacity
D. None5of5these



Difficulty:5Easy




5. A5productive5systems5approach:
A. Views5operations5as5a5separate5organizational5function
B. Must5provide5feedback5information5for5control5of5process5inputs5and5technology
C. Is5of5limited5use5in5service5organizations
D. Disregards5human5and5social5concerns



Difficulty:5Hard




6. Capacity5decisions:
A. Include5staffing5and5scheduling
B. Include5inventory5control
C. Include5defining5product5specifications
D. None5of5these



Difficulty:5Moderate

,7. Inventory5decisions5involve:
A. Determining5what5to5order,5how5much5to5order,5and5when5to5order
B. Tracking5the5flow5of5materials
C. Managing5the5finished5goods5inventories
D. All5of5these



Difficulty:5Easy


8. The5contemporary5operations5themes5signify5that:
A. More5emphasis5should5be5placed5on5manufacturing5than5on5service5industries
B. Every5operation5should5be5externally5directed5to5meet5the5customers'5requirements
C. Operations5decisions5should5precede5decisions5in5other5functions5in5an5organization
D. To5be5competitive,5strategies5for5operations5should5exclude5broader5supply5chain5issues



Difficulty:5Hard




9. The5essence5of5operations5management5can5be5described5by:
A. Process,5capacity,5and5people
B. Decisions,5function,5and5process
C. Planning,5control,5and5organization
D. Integrated5planning5and5control



Difficulty:5Moderate




10. Which5of5the5following5is5not5a5contemporary5theme5in5operations?
A. Globalization5of5Operations
B. Lean5Operations
C. Quality5Teams
D. Environmental5Concerns5and5Sustainability




1-3

, Chapter5015-5The5Operations5Function

Difficulty:5Hard




11. The5three5primary5functions5that5exist5in5most5business5organizations5are:
A. Operations,5accounting,5and5finance
B. Operations,5production,5and5finance
C. Production,5marketing,5and5human5resources
D. Operations,5finance,5and5marketing



Difficulty:5Moderate


12. The5three5major5functions5of5business5organizations:
A. Are5mutually5exclusive
B. Function5independently5of5each5other
C. Interface5with5each5other
D. Do5not5interface5with5each5other



Difficulty:5Easy




13. Which5one5of5the5following5would5not5generally5be5classified5as5an5input5in5a5u
niversity5system?
A. Staff
B. Facilities
C. Knowledge
D. Research



Difficulty:5Hard




14. The5four5major5decision5responsibilities5of5operations5management5are:
A. Process,5quality,5capacity,5and5human5resources
B. Process,5quality,5human5resources,5and5inventory
C. Quality,5inventory,5human5resources,5and5capacity
D. Process,5capacity,5quality,5and5inventory