Auditing Operations and Resource Management
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Questions and Answers

What is the primary focus of this chapter in auditing operations?

  • Provision of specific services to customers
  • Human resource management
  • Retailing operations
  • Production and manufacturing operations (correct)

    • What is a common aspect of various types of operations?

  • Identifying an underlying requirement and endeavouring to cost-effectively exploit it (correct)
  • Focusing on marketing strategies
  • Implementing just-in-time management
  • Ensuring high profit margins

    • What is the purpose of bringing together suitable and adequate resources in an operation?

  • To maximize profits
  • To minimize costs
  • To reduce waste
  • To fulfill the identified requirements (correct)

    • Which of the following is NOT a consideration in conducting an operation?

    <p>Market demand</p> Signup and view all the answers

    Where can the discussion of just-in-time (JIT) management be found?

    <p>Chapter 9</p> Signup and view all the answers

    What is the purpose of this chapter in the context of auditing operations?

    <p>To explore the operational auditing dimensions of production and manufacturing</p> Signup and view all the answers

    What is the primary focus of the planning and production control function in a production/manufacturing environment?

    <p>Ensuring effective use of production facilities</p> Signup and view all the answers

    What is the primary purpose of monitoring actual progress and use of production facilities?

    <p>To detect and correct problems and shortfalls</p> Signup and view all the answers

    What is the primary objective of management in ensuring that the items produced conform to the required quality standards?

    <p>To monitor defect rates</p> Signup and view all the answers

    What measures can management take to minimize disruption of production caused by machine breakdowns?

    <p>Conducting regular maintenance</p> Signup and view all the answers

    What is the primary concern of the control objectives for planning and production control?

    <p>Accurately determining production and manufacturing requirements</p> Signup and view all the answers

    What is the primary purpose of examining the control objectives and risk and control issues for each of the production/manufacturing areas?

    <p>To identify key issues and detailed issues</p> Signup and view all the answers

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