Question: Question 1: In 500 + words (single spaced), Explain and discuss A) The (3) Strategy Groups used in the Material Planning Process. Include 1) name

Question 1: In 500 + words (single spaced), Explain and discuss

A) The (3) Strategy Groups used in the Material Planning Process. Include 1) name of each strategy 2) the strategy number (#).

B) Explain and discuss The (2) Consumption Modes used in the Material Planning Process. Include 1) definition of a PIRs and CIRs.

Question 2: In 500 + words (single spaced), Explain and discuss

A) Financial Accounting versus Managerial Accounting. Include the (5) key processes in Financial Accounting (per the book). Which did you use and why in the simulation.

B) Explain and discuss The Balance sheet, profit loss statement and statement of cash flow.

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