Which of the Following Is Not a Goal of JIT

question 84

Multiple Choice

Which of the following is not a goal of JIT partnerships?

• A) removal of unnecessary activities
• B) removal of in-plant inventory
• C) removal of in-transit inventory
• D) obtain improved quality and reliability
• E) All of the above are goals of JIT partnerships.

---

Definitions:

OID

Original Issue Discount, the difference between the original issue price of a bond and its par value, which is treated as interest by the IRS.

Computed

Refers to the result obtained after performing a mathematical calculation or processing data using a computer.

Taxpayer Report

An official document or filing that a taxpayer submits to the tax authorities detailing income, expenses, and other relevant tax information.

Interest Income

Earnings on various types of investments that pay interest, such as savings accounts, CDs, and bonds.