Test Bank - for Fundamentals of Financial Accounting, 8th Edition by Fred Phillips All Chapters Complete Guide A+

TEST BANK NURS ON FINANCIAL ACCO
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UNTING ALL CHAPTERS COVERED EXAM
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2024 WITH A+ GRADED QUESTIONS BY
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EXPERTS | REAL TEST!!! g g g



MultiplegChoicegQuestions




1. Whygisgoperationsgmanagementgagmoregencompassinggtermgthangproductio
ngmanagement?
A. Operationsgmanagementgisgconcernedgwithgmultiplegproductsgandgservices
B. Operationsgmanagementgrefersgtogservicegasgwellgasgmanufacturinggorganizations
C. OperationsgmanagementgisgbroadergincludinggthegfinancinggandgmarketinggfunctionsgD
.gOperationsgmanagementgmakesgusegofgthegtoolsgofgquantitativeganalysisgandgcomput
ergsystems



Difficulty:gModerate




2. Whichgofgthegfollowinggfunctionsgisgresponsiblegforgthegactualgmovementgofggood
sgand/orgservicesgacrossgorganizations?
A. Logistics
B. Operations
C. Purchasing
D. Nonegofgthese



Difficulty:gEasy




1-1

,Chapterg01g-
gThegOperationsgFunction

3. Approximately,gwhatgpercentagegofgthegAmericangworkforcegworksgingservic
egindustries?
A. 20%
B. 40%
C. 80%
D. 90%



Difficulty:gModerate


4. Thegfourgdecisiongareasgingoperationsgmanagementgare:
A. Planning,gtechnology,ginventory,gandgcontrol
B. Process,gquality,gcapacity,gandginventory
C. Process,gquality,gtechnology,gandgcapacity
D. Nonegofgthese



Difficulty:gEasy




5. Agproductivegsystemsgapproach:
A. Viewsgoperationsgasgagseparategorganizationalgfunction
B. Mustgprovidegfeedbackginformationgforgcontrolgofgprocessginputsgandgtechnology
C. Isgofglimitedgusegingservicegorganizations
D. Disregardsghumangandgsocialgconcerns



Difficulty:gHard




6. Capacitygdecisions:
A. Includegstaffinggandgscheduling
B. Includeginventorygcontrol
C. Includegdefininggproductgspecifications
D. Nonegofgthese



Difficulty:gModerate

,7. Inventorygdecisionsginvolve:
A. Determininggwhatgtogorder,ghowgmuchgtogorder,gandgwhengtogorder
B. Trackinggthegflowgofgmaterials
C. Managinggthegfinishedggoodsginventories
D. Allgofgthese



Difficulty:gEasy


8. Thegcontemporarygoperationsgthemesgsignifygthat:
A. Moregemphasisgshouldgbegplacedgongmanufacturinggthangongservicegindustries
B. Everygoperationgshouldgbegexternallygdirectedgtogmeetgthegcustomers'grequirements
C. Operationsgdecisionsgshouldgprecedegdecisionsgingothergfunctionsgingangorganization
D. Togbegcompetitive,gstrategiesgforgoperationsgshouldgexcludegbroadergsupplygchaingissues



Difficulty:gHard




9. Thegessencegofgoperationsgmanagementgcangbegdescribedgby:
A. Process,gcapacity,gandgpeople
B. Decisions,gfunction,gandgprocess
C. Planning,gcontrol,gandgorganization
D. Integratedgplanninggandgcontrol



Difficulty:gModerate




10. Whichgofgthegfollowinggisgnotgagcontemporarygthemegingoperations?
A. GlobalizationgofgOperations
B. LeangOperations
C. QualitygTeams
D. EnvironmentalgConcernsgandgSustainability




1-3

, Chapterg01g-
gThegOperationsgFunction

Difficulty:gHard




11. Thegthreegprimarygfunctionsgthatgexistgingmostgbusinessgorganizationsgare:
A. Operations,gaccounting,gandgfinance
B. Operations,gproduction,gandgfinance
C. Production,gmarketing,gandghumangresources
D. Operations,gfinance,gandgmarketing



Difficulty:gModerate


12. Thegthreegmajorgfunctionsgofgbusinessgorganizations:
A. Aregmutuallygexclusive
B. Functiongindependentlygofgeachgother
C. Interfacegwithgeachgother
D. Dognotginterfacegwithgeachgother



Difficulty:gEasy




13. Whichgonegofgthegfollowinggwouldgnotggenerallygbegclassifiedgasganginputging
aguniversitygsystem?
A. Staff
B. Facilities
C. Knowledge
D. Research



Difficulty:gHard




14. Thegfourgmajorgdecisiongresponsibilitiesgofgoperationsgmanagementgare:
A. Process,gquality,gcapacity,gandghumangresources
B. Process,gquality,ghumangresources,gandginventory
C. Quality,ginventory,ghumangresources,gandgcapacity
D. Process,gcapacity,gquality,gandginventory