Why do we need to separate the production planning function from the work centers?

c. This is a good way to maintain the management level of communication down to its operations managers in the work center

b. This is a good way to separate accounting records and custody

a. This is a good way to separate transaction authorization and transaction processing

d. None of the above

Which of the following is an example of Inventory Control

c. Monitoring EOQ and reorder point for the inventories

b. Checking on suppliers prices

d. Reviewing approval matrix for fixed asset disposal

a. Monitoring sales order and sales forecast

Which of the following clearly shows the interrelationship of conversion cycle to the Revenue cycle?

c. Sales forecast from marketing team are used by the production team in estimating units to produce

d. Purchase order records are used by the production team in estimating units to purchase

b. Historical data of sales orders are used by the production team in estimating units to produce

a. Issued credit memo from sales