Question: The final step in the production process is order completion. Which of the following are true with regards to the completion step: (2 correct answers)
The final step in the production process is order completion. Which of the following are true with regards to the completion step: (2 correct answers)
Question 13 options:
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| From an accounting perspective after a production order has been completed and settled it is set to a status of closed (CLSD). After the order is closed not further processing or financial posting are possible. |
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| Once the order is completed the planned amount of material is scrapped. |
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| From a logistics perspective a production order is set to a technically complete (TECO) status when it is no longer necessary or possible to continue with production. |
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| Upon order completion all staff are laid off. |
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| Upon order completion no reports can be run. |
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