Which of the Following Statements Is True of the Just-In-Time

question 65

Multiple Choice

Which of the following statements is true of the just-in-time costing system?

• A)It increases the need for suppliers to deliver raw materials on time.
• B)It records summary journal entries before the units are purchased.
• C)It results in increased inventory storage costs.
• D)It increases the risk of the inventory becoming obsolete or unsalable.

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Definitions:

Blindsight

A condition in which a person can respond to visual stimuli without consciously perceiving them, often due to damage in the visual cortex.

Dual Processing

The principle that our mind operates on two levels simultaneously, conscious and unconscious processing.

Unconscious Inferences

Unconscious inferences are judgements or decisions made without conscious awareness, often based on prior experiences and knowledge.

Visual Distraction

Anything in the visual field that can divert attention away from the intended focus.