Just-In-Time Production System Comprises a Single Database That Collects Data

question 79

True/False

Just-in-time production system comprises a single database that collects data and feeds it into software applications supporting all of a company's business activities.

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Definitions:

Cash Inflow

The total amount of money being transferred into a business, typically measured over a certain period of time.

Budgeted Sales

The forecasted sales revenue a company expects to generate in a future period, based on market analysis, historical data, and sales targets.

Cash Budget

A financial plan that estimates cash inflows and outflows over a specific period of time, helping an organization to manage its cash balance.

Office Salaries Expense

An account that records the total salary expenses for office employees over a certain period.