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NEW QUESTION: 1
In production management, product breakdown into component parts and lead times for procuring these parts is necessary for:
A. A materials requirements planning (MRP) system.
B. An ABC system.
C. A critical path method (CPM) system.
D. An economic order quantity (EOQ) system.
Answer: A
Explanation:
Materials requirements planning (MRP) is usually considered a computer-based information system designed to plan and control raw materials used in a production setting. It assumes that estimated demand for materials is reasonably accurate and that suppliers can deliver based upon this accurate schedule. It is crucial that delivery delays be avoided because, under MRP, production delays are almost unavoidable if the materials are not on
hand. An MRP system uses a parts list, often called a bill of materials, and lead times for each type of material to obtain materials just as they are needed for planned production.

NEW QUESTION: 2
The newly appointed chief audit executive (CAE) of a large multinational corporation, with seasoned internal audit departments located around the world, is reviewing responsibilities for engagement reports.
According to IIA guidance, which of the following statements is true?
A. The CAE is required to review, approve, and sign every engagement report.
B. The internal audit charter must identify authorized signers of engagement reports.
C. The CAE may delegate responsibility for reviewing, approving and signing engagement reports, but should review the reports after they are issued.
D. The CAE is required to review, approve, and sign all regulatory compliance engagement reports only
Answer: C

NEW QUESTION: 3
Which process enables the renaming of an imported dynamic disk group named DGName in Veritas Enterprise Administrator?
A. right-click on disk object DGName, select Deport Dynamic Disk Group, enter new name
B. right-click on disk group object DGName, select rename Dynamic Disk Group, enter new name
C. select disk group object DGName, select Import Dynamic Disk Group, enter new name
D. select disk group object DGName, press F2, enter new name
Answer: B