Starcrest Publishing Is One of Many Companies That Will Take

question 42

Multiple Choice

Starcrest Publishing is one of many companies that will take demographic information about your child and publish a story written about that child. The story is already written, and a computer is used to insert the relevant information into the spaces left blank. Starcrest Publishing uses which of the following processes?

• A) mass customization
• B) just-in-time production
• C) niche manufacturing
• D) individualized production

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Definitions:

Sales

The exchange of goods or services for money, constituting the primary source of revenue for a business.

Percent Change

A mathematical calculation that expresses the degree of change over time as a percentage.

Prepaid Insurance

An asset account that represents the cost of insurance paid in advance, which is expensed over the period the insurance coverage pertains to.

Account Group

A classification system used in accounting to organize similar accounts together, facilitating the management and reporting of financial information.