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Many Companies Use Just-In-Time Inventory Methods

question 127

Multiple Choice

Many companies use just-in-time inventory methods.Which of the following is not an advantage of this method?


Definitions:

Written Laws

Legal rules and regulations that are formally documented and established by legislative bodies.

Court Decisions

Judicial rulings or verdicts handed down by a court in resolving legal disputes.

Administrative Law

The body of law created by administrative agencies in order to carry out their duties and responsibilities.

Regulatory Environment

The system of rules and norms governing the conduct of businesses and organizations, enforced by governmental agencies.

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