What document authorizes the manufacturing of a product a Master production Schedule B materials requisition C move ticket D production order?

Chapter 14 Questions

a list of the raw materials used to create a product

a document that tracks transfer of inventory from one work center to the
other

Master production schedule

a document that specifies how much of a finished good is to be produced
during a specific period

a document that authorizes the manufacture of a product

a document used to authorize removal of raw materials from inventory

a document that lists the steps required to manufacture a product

the use of robots and other IT techniques in production

a cost accounting method that is used when the product consists of
uniquely identifiable items

a factor that causes cost to change

1. Two basic types of cost accounting systems are:
a) Job order costing and perpetual costing.
b) Job order costing and customized product costing.
c) Job order costing and customized service costing.
d) Job order costing and process costing.
e) Job order

1. A job order cost accounting system would best fit the needs of a company that makes:
a) Shoes and apparel.
b) Paint.
c) Cement.
d) Custom machinery.
e) Pencils and erasers.

1. Assembling a product is an example of a:
a) Unit-level activity
b) Batch level activity
c) Organization-sustaining activity

1. Activity-based costing is an example of:
a) Information overload.
b) Mandatory information.
c) Discretionary information
d) An Enterprise System.

1. The bill of materials shows the __________ of each product component.
a) part number and description
b) quantity used
c) quantity ordered
d) both A and B

1. The list which specifies the sequence of steps to follow in making the product: is called the
a) bill of materials.
b) bill of lading.
c) master production schedule.
d) operations list.

1. One of the methods of production planning is referred to as push manufacturing. This method is also known as
a) manufacturing resource planning (MRP).
b) just-in-time manufacturing system (JIT).
c) the economic order quantity (EOQ) system.
d) ahead-of-

1. One of the methods of production planning is referred to as pull manufacturing. This method is also known as
a) manufacturing resource planning (MRP).
b) just-in-time manufacturing system (JIT).
c) the economic order quantity (EOQ) system.
d) ahead-of-

1. What document authorizes the manufacturing of a product?
a) master production schedule
b) materials requisition
c) move ticket
d) production order

1. A __________ authorizes the transfer of raw goods needed for production from the storeroom to the production facilities.
a) master production schedule
b) materials requisition
c) move ticket
d) production order

1. Information found on the materials requisition form is based in part on information obtained from which other form?
a) a bill of materials.
b) a move ticket.
c) a production order.
d) a picking list.

1. A __________ is used to document the subsequent relocation of materials through the factory for manufacturing in process.
a) master production schedule
b) materials requisition
c) move ticket
d) production order

1. The document that authorizes the removal of the necessary quantity of raw materials from storeroom to factory is referred to as
a) a bill of materials.
b) a production order.
c) a materials requisition.
d) a move ticket.

1. An integral part of the production process is the use of raw materials. One way to enable an AIS to efficiently track and process information about raw materials used in production is to implement __________.
a) a just-in-time inventory system
b) bar c

1. Which of the following is not a type of cost accounting system?
a) activity-based costing
b) just-in-time costing
c) job order costing
d) process costing

1. There are several basic activities in the production cycle. The step that may incorporate robots and computer-controlled machinery to achieve its goals is
a) planning and scheduling.
b) production operations.
c) cost accounting.

1. Direct labor must be tracked and accounted for as part of the production process. Traditionally, direct labor was tracked using __________ but an AIS enhancement is to use __________ to record and track direct labor costs.
a) job-time tickets; coded id

1. There are several criticisms of traditional cost accounting systems. One criticism is that the traditional cost system uses a volume-driven base, such as direct labor or machine hours, to apply overhead to products. What is the drawback to the use of s

1. An ABC system attempts to identify anything that has a cause-and-effect relationship on costs. This cause-and-effect relationship is known as a
a) cost stimulator.
b) overhead stimulator.
c) cost driver.
d) cost catalyst.

1. __________ are incurred to ensure that products are created without defects the first time.
a) External failure costs
b) Inspection costs
c) Internal failure costs
d) Prevention costs

1. __________ are associated with testing to ensure that products meet quality standards.
a) External failure costs
b) Inspection costs
c) Internal failure costs
d) Prevention costs

1. There are various costs associated with quality control, or its absence in a production operation. Such information can help a company determine the effects of actions taken to improve production and identify areas of improvement. The cost of a product

1. Which of the following is not a reasonable control for fixed assets?
a) Proper authorization is required for acquisition and disposal of fixed assets
b) Fully depreciated assets are immediately disposed of
c) Fixed asset records show the location of ea

1. Objectives of the Fixed Asset System do not include
a) authorizing the acquisition of fixed assets
b) recording depreciation expense
c) computing gain and/or loss on disposal of fixed assets
d) determining value of fixed assets

What document authorizes the manufacturing of a product?

What document authorizes the release of raw materials to production?

Which of the following is used to document the materials and quantities needed to manufacture a specific product?

Which of the following describes a material requisition?