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Which of the following bank reconciliation items would not result in a journal entry?
Inventory Is Evil
A principle in lean manufacturing and just-in-time (JIT) production that highlights the drawbacks of holding excess inventory, including high costs and potential wastage.
Setup Cost
A financial amount charged for the initial work to configure, prepare, or adjust machinery or equipment for a production run.
Lot Size
The quantity of items that are processed, produced, ordered, or shipped as a batch.
Setup Costs
Expenses related to preparing or configuring equipment or machinery for a specific task or production cycle, aside from initial setup.
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