Under a Just-In-Time Costing System,the Journal Entry That Is Recorded

question 92

Multiple Choice

Under a just-in-time costing system,the journal entry that is recorded when the goods are completed and moved to Finished Goods Inventory is ________.

• A) Finished Goods Inventory
• Raw and In-Process Inventory
• B) Finished Goods Inventory
• Raw and In-Process Inventory
• Conversion Costs
• C) Finished Goods Inventory
• Conversion Costs
• D) \[\begin{array} { | l | }
• \hline\text { Raw and In-Process Inventory }\\
• \hline \text { Conversion Costs } \\
• \hline \text { Finished Goods Inventory } \\
• \hline
• \end{array}\]

---

Definitions:

Internally

Refers to actions, processes, or affairs occurring within an organization or entity.

Learning Organizations

Entities that consciously cultivate a culture of continuous improvement and adaptability by encouraging the acquisition and sharing of knowledge.

Innovation Teams

Groups within an organization tasked with developing new ideas, solutions, or products to enhance the company's offerings or processes.

Change Agents

Individuals or groups who act as catalysts for change within an organization, driving and facilitating the change process.