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H3Ko H3Ko
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7 years ago
Which of the following correctly describes Just-in-Time (JIT) Management?
A) It is a production approach that maintains surplus goods at each stage of manufacture.
B) It is a cost management approach that focuses on maintaining lean inventory levels.
C) It is an inventory approach that stockpiles raw materials to protect against supply interruptions.
D) It is an inventory purchase approach that seeks purchase discounts on buying large quantities.
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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Mrgo-breedMrgo-breed
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7 years ago
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H3Ko Author
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#2
7 years ago
YES! Can't believe I got this one right. Appreciate the confirmation
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#3
7 years ago
Happy to help Smiling Face with Open Mouth
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#4
3 years ago
Thank you
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