ACFE CFE Q&A - in .pdf

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NEW QUESTION: 1
A manufacturing resource planning MRP II) system:
A. Lacks the forecasting and budgeting capabilities typical of an ERP system.
B. Uses a master production schedule.
C. Performs the same front-office functions for a manufacturer as an ERP system.
D. Performs the same back-office functions for a manufacturer as an ERP system.
Answer: B
Explanation:
Manufacturing resource planning MRP II) continued the evolution begun with MRP. It is a closed-loop manufacturing system that integrates all facets of manufacturing, including production, sales, inventories, schedules, and cash flows. The same system is used for accounting and finance functions, which use the same transactions and numbers. MRP II uses an MPS master production schedule), a statement of the anticipated manufacturing schedule for selected items for selected periods. MRP also uses the MPS.
Thus, MRP is a component of an MRP II system.

NEW QUESTION: 2

A. Option D
B. Option A
C. Option B
D. Option C
Answer: C

NEW QUESTION: 3
View the Exhibit


Which option represents the steps to add a relationship between OrdVO and ItemVO and create a master-detail hierarchy for the same in the data model? (Choose the best answer.)
A. Select Association from the Components window and draw a line on the diagram from OrdEO to ItemEO diagram and select Generate View Link
B. Create a view link with ItemVO as the source and OrdVO as the destination and define the linked attributes. Use the Application Module Editor to nest the OrdVO instance beneath the ItemVO instance.
C. Select View Link from the Components window and draw a line on the diagram from ItemVO to OrdVO. Use the Application Module Editor to define the data model for the hierarchy.
D. Create a view link with OrdVO as the source and ItemVO as the destination and define the linked attributes Use the Application Module Editor to define the data model for the hierarchy.
Answer: D

NEW QUESTION: 4

A. Option A
B. Option D
C. Option C
D. Option B
Answer: A

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