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Focused factories are a factor which contributes to the success of JIT.
Accounting System
A structured process of recording, summarizing, and analyzing an organization's financial transactions.
Chart of Accounts
A systematic list of all account titles and numbers being used by an organization to organize its financial transactions and prepare financial statements.
Beach Hut
A small, often simplistic shelter or dwelling located by the beach, typically used for recreational purposes.
Income Statement
A report detailing a corporation's earnings and expenditures throughout a particular time frame, leading to either a profit or a deficit.
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