Just-In-Time Costing Is Also Known as ________

question 21

Multiple Choice

Just-in-time costing is also known as ________.

• A)job costing
• B)batch costing
• C)backflush costing
• D)process costing

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Definitions:

Conservation

The realization that altering an object’s or substance’s appearance does not change its basic properties.

Centration

Focusing attention on one characteristic to the exclusion of all others.

Imprinting

A form of rapid learning occurring at a particular life stage, leading to a long-lasting behavioral response to a specific individual or object.

Object Permanence

The Piagetian term for one of an infant’s most important accomplishments: understanding that objects and events continue to exist even when they cannot directly be seen, heard, or touched.